Entain (LON:ENT) Given Buy Rating at Jefferies Financial Group

Entain (LON:ENT)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 1,000 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 76.30% from the company’s current price.

A number of other equities analysts have also weighed in on ENT. Peel Hunt reiterated a “buy” rating and set a GBX 750 target price on shares of Entain in a research note on Wednesday, April 15th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 target price on shares of Entain in a research report on Wednesday, June 3rd. Shore Capital Group restated a “buy” rating on shares of Entain in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,028 price target on shares of Entain in a research report on Tuesday, June 2nd. Finally, Citigroup dropped their price objective on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 1,022.29.

Entain Stock Performance

ENT traded down GBX 2.40 on Friday, reaching GBX 567.20. The company had a trading volume of 2,013,164 shares, compared to its average volume of 20,914,107. The company’s fifty day moving average is GBX 561.93 and its 200 day moving average is GBX 612.49. 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 stock has a market cap of £3.63 billion, a P/E ratio of -5.44, a P/E/G ratio of 0.92 and a beta of 0.76. Entain has a fifty-two week low of GBX 500.40 and a fifty-two week 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.