Entain Plc (LON:ENT) Receives GBX 1,077.25 Average Price Target from Brokerages

Entain Plc (LON:ENT) has been given an average rating of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 1,077.25 ($13.54).

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th. Berenberg Bank decreased their target price on Entain from GBX 1,030 ($12.94) to GBX 1,010 ($12.69) and set a “neutral” rating on the stock in a report on Thursday, November 7th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,140 ($14.33) price target on shares of Entain in a report on Monday, December 16th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Entain in a research note on Monday, September 9th.

Entain Stock Performance

ENT opened at GBX 707.60 ($8.89) on Friday. The company’s 50 day moving average is GBX 755.35 and its 200 day moving average is GBX 695.78. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96. The company has a market cap of £4.52 billion, a price-to-earnings ratio of -1,105.63, a PEG ratio of 0.92 and a beta of 1.19. Entain has a 12-month low of GBX 498.50 ($6.26) and a 12-month high of GBX 1,033.43 ($12.99).

Insiders Place Their Bets

In other news, insider Ricky Sandler sold 4,334,882 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 806 ($10.13), for a total value of £34,939,148.92 ($43,909,952.14). 0.26% of the stock is currently owned by company insiders.

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.