Entain Plc (LON:ENT) Receives GBX 1,028 Consensus Target Price from Brokerages

Shares of Entain Plc (LON:ENT) have received a consensus rating of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,028.

Several analysts recently issued reports on ENT shares. Citigroup cut their target price on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,000 target price on shares of Entain in a research report on Wednesday, April 15th. Shore Capital Group restated a “buy” rating on shares of Entain in a research report on Thursday, April 16th. Peel Hunt restated a “buy” rating and set a GBX 750 target price on shares of Entain in a research report on Wednesday, April 15th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,200 target price on shares of Entain in a research report on Monday, March 30th.

Entain Stock Performance

Shares of LON ENT opened at GBX 534.44 on Friday. The firm has a 50 day moving average of GBX 568.23 and a 200 day moving average of GBX 664.65. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. The firm has a market capitalization of £3.42 billion, a price-to-earnings ratio of -5.12, a price-to-earnings-growth ratio of 0.92 and a beta of 0.76. Entain has a 12-month low of GBX 520 and a 12-month 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.