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

Entain Plc (LON:ENT) has received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,077.25 ($13.15).

ENT has been the topic of several research reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,140 ($13.92) price target on shares of Entain in a report on Monday, December 16th. Berenberg Bank dropped their price objective on shares of Entain from GBX 1,030 ($12.58) to GBX 1,010 ($12.33) and set a “neutral” rating on the stock in a research note on Thursday, November 7th.

Insider Activity

In related news, insider Ricky Sandler sold 4,334,882 shares of Entain stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 806 ($9.84), for a total transaction of £34,939,148.92 ($42,660,743.49). Corporate insiders own 0.26% of the company’s stock.

Entain Stock Down 3.8 %

Shares of LON:ENT opened at GBX 624.20 ($7.62) on Thursday. Entain has a 12-month low of GBX 498.50 ($6.09) and a 12-month high of GBX 1,033.43 ($12.62). The stock has a fifty day simple moving average of GBX 742.85 and a two-hundred day simple moving average of GBX 694.93. 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 stock has a market capitalization of £3.99 billion, a price-to-earnings ratio of -975.31, a PEG ratio of 0.92 and a beta of 1.19.

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.