Entain Plc (LON:ENT) Stock Now Rated “Buy” by Wall Street Brokerages

Shares of Entain Plc (LON:ENT – Get Free Report) have been assigned a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 978.57.

Several research analysts have commented on ENT shares. Shore Capital Group restated a “buy” rating and issued a GBX 988 target price on shares of Entain in a research note on Friday, September 18th. JPMorgan Chase & Co. raised their price objective on shares of Entain from GBX 1,025 to GBX 1,050 and gave the company an “overweight” rating in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Entain from GBX 914 to GBX 872 and set a “buy” rating on the stock in a report on Wednesday, September 30th. Berenberg Bank lowered their target price on shares of Entain from GBX 1,145 to GBX 1,090 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,000 target price on shares of Entain in a research note on Wednesday.

View Our Latest Analysis on Entain

Entain Trading Down 0.4%

LON:ENT opened at GBX 450.40 on Friday. Entain has a 1 year low of GBX 405.41 and a 1 year high of GBX 826.80. The stock’s fifty day moving average price is GBX 477.81 and its two-hundred day moving average price is GBX 529.29. The company has a debt-to-equity ratio of 497.51, a current ratio of 1.01 and a quick ratio of 0.74. The company has a market cap of £2.88 billion, a P/E ratio of -4.98, a P/E/G ratio of 0.92 and a beta of 0.76.

Insider Buying and Selling

In other Entain news, insider Michael Snape bought 51,815 shares of the firm’s stock in a transaction on Friday, September 18th. The shares were acquired at an average cost of GBX 482 per share, for a total transaction of £249,748.30. 7.42% of the stock is currently owned by insiders.

About Entain

(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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