Jefferies Financial Group Reaffirms “Buy” Rating for Entain (LON:ENT)

Entain (LON:ENT)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research note issued on Monday, MarketBeat Ratings reports. They currently have a GBX 1,140 ($14.49) target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 51.60% from the stock’s current price.

A number of other equities analysts have also recently issued reports on ENT. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Entain in a report on Wednesday, September 11th. Berenberg Bank dropped their price objective on shares of Entain from GBX 1,030 ($13.09) to GBX 1,010 ($12.84) and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Finally, Shore Capital reissued a “buy” rating on shares of Entain in a research report on Monday, September 9th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Entain has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,077.25 ($13.70).

Entain Stock Down 1.5 %

Shares of LON:ENT opened at GBX 752 ($9.56) on Monday. 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 52-week low of GBX 498.50 ($6.34) and a 52-week high of GBX 1,034 ($13.15). The business’s 50 day simple moving average is GBX 758.28 and its two-hundred day simple moving average is GBX 694.98. The firm 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.

Insider Buying and Selling at Entain

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

Entain Company Profile

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.