Entain (LON:ENT) Hits New 1-Year Low – Here’s What Happened

Entain Plc (LON:ENTGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 519.20 and last traded at GBX 520.60, with a volume of 104518141 shares trading hands. The stock had previously closed at GBX 534.44.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ENT. Deutsche Bank Aktiengesellschaft dropped their price objective on Entain from GBX 1,055 to GBX 1,028 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,000 target price on shares of Entain in a research report on Wednesday, April 15th. Citigroup dropped their price target on Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Peel Hunt reaffirmed a “buy” rating and set a GBX 750 price target on shares of Entain in a research report on Wednesday, April 15th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,200 price objective on shares of Entain in a research note on Monday, March 30th. Seven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 1,028.

View Our Latest Stock Analysis on ENT

Entain Stock Down 1.5%

The firm has a market cap of £3.37 billion, a price-to-earnings ratio of -5.05, a P/E/G ratio of 0.92 and a beta of 0.76. The firm’s 50 day moving average price is GBX 568.23 and its two-hundred day moving average price is GBX 664.65. The company has a debt-to-equity ratio of 448.61, a current ratio of 0.52 and a quick ratio of 0.74.

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.

Recommended Stories

Receive News & Ratings for Entain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entain and related companies with MarketBeat.com's FREE daily email newsletter.