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

Shares of Entain Plc (LON:ENT) have received a consensus rating of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,077.25 ($13.24).

ENT has been the topic of a number of research reports. Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($14.01) price target on shares of Entain in a research report on Monday, December 16th. Berenberg Bank cut their target price on Entain from GBX 1,030 ($12.66) to GBX 1,010 ($12.41) and set a “neutral” rating for the company in a research note on Thursday, November 7th.

Entain Stock Performance

Entain stock opened at GBX 688.80 ($8.46) on Monday. Entain has a fifty-two week low of GBX 498.50 ($6.12) and a fifty-two week high of GBX 1,033.43 ($12.70). The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67. The stock has a market cap of £4.40 billion, a P/E ratio of -1,076.25, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The firm’s fifty day moving average price is GBX 720.66 and its 200-day moving average price is GBX 697.95.

Insider Activity

In other Entain news, insider Ricky Sandler sold 4,334,882 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 806 ($9.90), for a total value of £34,939,148.92 ($42,928,061.09). 0.26% of the stock is currently owned by corporate insiders.

About Entain

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.