Entain Plc (LON:ENT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Entain Plc (LON:ENT) have earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,077.25 ($13.54).

A number of analysts have recently weighed in on ENT shares. Berenberg Bank dropped their target price on shares of Entain from GBX 1,030 ($12.95) to GBX 1,010 ($12.70) and set a “neutral” rating for the company in a report on Thursday, November 7th. Shore Capital reaffirmed a “buy” rating on shares of Entain in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th.

Insider Buying and Selling at Entain

In other news, insider Ricky Sandler sold 369,470 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of GBX 707 ($8.89), for a total transaction of £2,612,152.90 ($3,283,661.72). Also, insider Amanda Brown purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of GBX 741 ($9.31) per share, with a total value of £74,100 ($93,148.96). Insiders own 0.26% of the company’s stock.

Entain Trading Down 0.2 %

Shares of ENT opened at GBX 802.80 ($10.09) on Wednesday. The stock has a market capitalization of £5.13 billion, a P/E ratio of -1,259.06, a PEG ratio of 0.92 and a beta of 1.19. Entain has a twelve month low of GBX 498.50 ($6.27) and a twelve month high of GBX 1,034 ($13.00). The company has a quick ratio of 0.74, a current ratio of 0.67 and a debt-to-equity ratio of 154.96. The firm has a fifty day simple moving average of GBX 743.51 and a two-hundred day simple moving average of GBX 688.14.

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.