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

Shares of Entain Plc (LON:ENT) have been given an average rating of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 1,077.25 ($13.19).

Several research analysts recently issued reports on the stock. Berenberg Bank dropped their price target on shares of Entain from GBX 1,030 ($12.61) to GBX 1,010 ($12.36) and set a “neutral” rating for the company in a research report on Thursday, November 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($13.95) target price on shares of Entain in a research report on Monday, December 16th.

Entain Trading Up 1.8 %

Shares of ENT stock opened at GBX 634.71 ($7.77) on Thursday. The firm has a fifty day moving average of GBX 737.89 and a 200-day moving average of GBX 694.55. The stock has a market cap of £4.06 billion, a price-to-earnings ratio of -991.74, a P/E/G ratio of 0.92 and a beta of 1.19. Entain has a 52-week low of GBX 498.50 ($6.10) and a 52-week high of GBX 1,033.43 ($12.65). The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67.

Insider Activity

In other news, insider Ricky Sandler sold 4,334,882 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 806 ($9.87), for a total value of £34,939,148.92 ($42,765,176.16). 0.26% of the stock is currently owned by corporate insiders.

Entain Company Profile

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.