Entain (LON:ENT) Price Target Cut to GBX 1,025 by Analysts at JPMorgan Chase & Co.

Entain (LON:ENTGet Free Report) had its price target decreased by stock analysts at JPMorgan Chase & Co. from GBX 1,040 to GBX 1,025 in a report issued on Friday,Digital Look reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 92.31% from the stock’s current price.

Several other brokerages have also issued reports on ENT. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,200 price target on shares of Entain in a research note on Wednesday, June 3rd. Citigroup decreased their target price on Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,000 target price on shares of Entain in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,028 target price on shares of Entain in a report on Friday, June 26th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 750 price target on shares of Entain in a report on Wednesday, April 15th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 1,013.

Check Out Our Latest Report on Entain

Entain Stock Down 1.3%

Shares of ENT opened at GBX 533 on Friday. Entain has a one year low of GBX 500.40 and a one year high of GBX 1,031.50. The company has a market cap of £3.41 billion, a P/E ratio of -5.11, a P/E/G ratio of 0.92 and a beta of 0.76. The company has a debt-to-equity ratio of 448.61, a current ratio of 0.52 and a quick ratio of 0.74. The firm has a 50 day simple moving average of GBX 556.86 and a two-hundred day simple moving average of GBX 606.02.

Entain Company Profile

(Get Free Report)

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.

Further Reading

Analyst Recommendations for Entain (LON:ENT)

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