Entain Plc (LON:ENT) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Entain Plc (LON:ENT) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,210.

A number of analysts have recently commented on ENT shares. Shore Capital reissued a “buy” rating on shares of Entain in a research report on Tuesday, August 12th. Citigroup boosted their price objective on shares of Entain from GBX 1,250 to GBX 1,300 and gave the stock a “buy” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Entain from GBX 1,040 to GBX 1,110 and gave the stock a “neutral” rating in a report on Wednesday, August 13th. Peel Hunt restated a “buy” rating and issued a GBX 1,100 price objective on shares of Entain in a report on Tuesday, July 29th. Finally, Berenberg Bank boosted their price objective on shares of Entain from GBX 1,200 to GBX 1,400 and gave the stock a “buy” rating in a report on Monday.

Entain Stock Performance

Shares of ENT opened at GBX 876.16 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. The business’s 50 day moving average price is GBX 922.97 and its 200-day moving average price is GBX 778.57. Entain has a 52 week low of GBX 452.50 and a 52 week high of GBX 1,031.50. The stock has a market cap of £5.60 billion, a P/E ratio of -1,019.97, a P/E/G ratio of 0.92 and a beta of 1.19.

Insiders Place Their Bets

In other Entain news, insider Ricky Sandler sold 1,059,998 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of GBX 872, for a total transaction of £9,243,182.56. Corporate insiders own 7.36% of the company’s stock.

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.