Entain Plc (LON:ENT) Receives GBX 1,109 Average Price Target from Analysts

Entain Plc (LON:ENT) has been given an average recommendation of “Buy” by the seven research firms that are covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 1,086.33.

Several equities research analysts have recently issued reports on ENT shares. Citigroup lowered their target price on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,000 price target on shares of Entain in a report on Wednesday. Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 price target on shares of Entain in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft dropped their price objective on Entain from GBX 1,055 to GBX 1,028 and set a “buy” rating on the stock in a report on Wednesday. Finally, Shore Capital Group restated a “buy” rating on shares of Entain in a research report on Thursday, March 5th.

Entain Stock Up 2.0%

ENT stock opened at GBX 569.20 on Wednesday. The firm has a market cap of £3.64 billion, a PE ratio of -5.46, a P/E/G ratio of 0.92 and a beta of 0.82. The company has a debt-to-equity ratio of 448.61, a quick ratio of 0.74 and a current ratio of 0.52. The firm’s fifty day moving average is GBX 572.41 and its 200 day moving average is GBX 692.72. Entain has a one year low of GBX 520 and a one year high of GBX 1,031.50.

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.