Berenberg Bank Boosts Entain (LON:ENT) Price Target to GBX 1,100

Entain (LON:ENT) had its target price upped by analysts at Berenberg Bank from GBX 1,035 ($13.39) to GBX 1,100 ($14.23) in a report released on Thursday, Marketbeat reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 72.47% from the stock’s current price.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($14.75) price objective on shares of Entain in a report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Entain currently has an average rating of “Moderate Buy” and an average price target of GBX 1,109.67 ($14.35).

Entain Stock Performance

ENT opened at GBX 637.80 ($8.25) on Thursday. Entain has a 52-week low of GBX 498.50 ($6.45) and a 52-week high of GBX 861.80 ($11.15). The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. The company has a market cap of £4.10 billion, a P/E ratio of -8.69, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The firm’s 50-day moving average price is GBX 698.81 and its 200-day moving average price is GBX 720.70.

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.