Shore Capital Reaffirms “Buy” Rating for Entain (LON:ENT)

Entain (LON:ENT)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a research note issued on Wednesday, MarketBeat.com reports.

ENT has been the subject of a number of other research reports. Barclays lowered shares of Entain to an “equal weight” rating and decreased their price target for the company from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research note on Tuesday, February 6th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,140 ($14.19) target price on shares of Entain in a report on Friday, April 12th. Finally, Berenberg Bank cut their price target on Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a “buy” rating for the company in a research note on Friday, March 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 1,143.17 ($14.23).

Entain Trading Up 1.2 %

LON ENT opened at GBX 824.20 ($10.26) on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33. Entain has a 52 week low of GBX 718.20 ($8.94) and a 52 week high of GBX 1,516.50 ($18.88). The business has a 50 day moving average price of GBX 838.44 and a 200-day moving average price of GBX 895.19. The company has a market cap of £5.26 billion, a price-to-earnings ratio of -584.54, a P/E/G ratio of 0.92 and a beta of 1.29.

Insiders Place Their Bets

In other Entain news, insider Stella David bought 65,000 shares of Entain stock in a transaction dated Monday, March 11th. The stock was bought at an average cost of GBX 736 ($9.16) per share, with a total value of £478,400 ($595,543.38). 0.19% of the stock is currently owned by insiders.

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.