Entain’s (ENT) “Buy” Rating Reaffirmed at Jefferies Financial Group

Entain (LON:ENTGet Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 1,000 price target on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 89.18% from the company’s previous close.

ENT has been the topic of a number of other research reports. Peel Hunt reiterated a “buy” rating and set a GBX 750 price target on shares of Entain in a report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their price objective on Entain from GBX 1,040 to GBX 1,025 and set an “overweight” rating for the company in a report on Friday. Shore Capital Group reaffirmed a “buy” rating and set a GBX 988 target price on shares of Entain in a research report on Friday, June 26th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,200 target price on shares of Entain in a report on Wednesday, June 3rd. Finally, Citigroup reduced their price target 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. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 1,013.

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Entain Stock Down 0.3%

Shares of LON:ENT opened at GBX 528.60 on Monday. Entain has a 52-week low of GBX 500.40 and a 52-week high of GBX 1,031.50. The company has a market capitalization of £3.38 billion, a PE ratio of -5.07, a price-to-earnings-growth ratio of 0.92 and a beta of 0.77. The company has a debt-to-equity ratio of 448.61, a quick ratio of 0.74 and a current ratio of 0.52. The company has a fifty day moving average of GBX 555.45 and a 200-day moving average of GBX 604.51.

About Entain

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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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