Entain Plc (LON:ENT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Entain Plc (LON:ENT) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 1,077.25 ($13.32).

ENT has been the subject of several research analyst reports. Berenberg Bank lowered their price objective on Entain from GBX 1,030 ($12.73) to GBX 1,010 ($12.48) and set a “neutral” rating for the company in a report on Thursday, November 7th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.09) price target on shares of Entain in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th.

Entain Price Performance

ENT opened at GBX 669 ($8.27) on Thursday. The company has a market capitalization of £4.28 billion, a P/E ratio of -1,045.31, a PEG ratio of 0.92 and a beta of 1.19. The company has a 50-day moving average of GBX 746.22 and a 200-day moving average of GBX 695.38. The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67. Entain has a 1-year low of GBX 498.50 ($6.16) and a 1-year high of GBX 1,033.43 ($12.77).

Insider Buying and Selling at Entain

In other Entain news, insider Ricky Sandler sold 915,603 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of GBX 695 ($8.59), for a total value of £6,363,440.85 ($7,865,810.69). 0.26% of the stock is currently owned by insiders.

About Entain

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.