Analysts Set Entain Plc (LON:ENT) Target Price at GBX 1,077.25

Entain Plc (LON:ENT) has earned a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,077.25 ($13.70).

Several research analysts recently issued reports on the company. Berenberg Bank cut their price objective on Entain from GBX 1,030 ($13.09) to GBX 1,010 ($12.84) and set a “neutral” rating for the company in a research report on Thursday, November 7th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,140 ($14.49) price target on shares of Entain in a research report on Monday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Entain in a research note on Monday, September 9th.

Insiders Place Their Bets

In other news, insider Ricky Sandler sold 4,334,882 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 806 ($10.25), for a total transaction of £34,939,148.92 ($44,417,936.59). 0.26% of the stock is owned by corporate insiders.

Entain Stock Performance

Shares of ENT opened at GBX 752 ($9.56) on Friday. Entain has a 12-month low of GBX 498.50 ($6.34) and a 12-month high of GBX 1,034 ($13.15). The stock has a market cap of £4.81 billion, a P/E ratio of -1,175.00, a PEG ratio of 0.92 and a beta of 1.19. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96. The company has a 50-day moving average of GBX 758.28 and a two-hundred day moving average of GBX 694.98.

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.