Entain Plc (LON:ENT) Receives Average Rating of "Buy" from Analysts
Shares of Entain Plc (LON:ENT – Get Rating) have been assigned a consensus rating of "Buy" from the ten ratings firms that are presently covering the company, MarketBeat reports. Nine equities research…
From the Equity Insider archive. This article dates from Jun 22, 2022 and is preserved as first published.
Shares of Entain Plc (LON:ENT – Get Rating) have been assigned a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,308.13 ($28.27).
Several equities research analysts recently commented on the stock. Citigroup restated a “buy” rating and issued a GBX 2,700 ($33.07) price target on shares of Entain in a research report on Wednesday, May 18th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,060 ($25.23) target price on shares of Entain in a research report on Monday, May 16th. Barclays reissued an “overweight” rating and set a GBX 2,100 ($25.72) price target on shares of Entain in a research report on Wednesday, April 13th. Morgan Stanley restated an “overweight” rating on shares of Entain in a research report on Wednesday, May 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Entain from GBX 2,354 ($28.83) to GBX 2,235 ($27.38) and set a “buy” rating on the stock in a report on Wednesday, June 15th.
07) price target on shares of Entain in a research report on Wednesday, May 18th.
Shares of ENT opened at GBX 1,295.50 ($15.87) on Wednesday. The company has a 50-day moving average of GBX 1,422.89 and a two-hundred day moving average of GBX 1,559.20. The stock has a market cap of £7.62 billion and a price-to-earnings ratio of 30.81. The company has a debt-to-equity ratio of 81.30, a current ratio of 0.89 and a quick ratio of 0.80. Entain has a one year low of GBX 1,170.36 ($14.34) and a one year high of GBX 2,500 ($30.62).
In related news, insider Rob Wood sold 98,781 shares of the firm’s stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of GBX 1,370 ($16.78), for a total transaction of £1,353,299.70 ($1,657,642.94).
About Entain (Get Rating)
Entain PLC operates as a sports-betting and gaming company. The company provides online betting, casino, poker, and bingo services through mobile and web under the bwin; online and multi-channel betting under the Ladbrokes; street and online betting under the Coral; sports betting, casino, game, and poker under the Sportingbet; online bingo, sportsbook, casino, and poker access under the Betboo; and sports betting, poker, and casino games under the Crystalbet brands, as well as Gamebookers, a full-service sportsbook.
