Entain’s (ENT) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Entain (LON:ENT) in a research report report published on Monday, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 1,140 ($14.46) price target on the stock.

A number of other equities analysts have also weighed in on ENT. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Entain in a research note on Wednesday, September 11th. Berenberg Bank reduced their price objective on Entain from GBX 1,030 ($13.07) to GBX 1,010 ($12.81) and set a “neutral” rating for the company in a research note on Thursday, November 7th. Finally, Shore Capital reiterated a “buy” rating on shares of Entain in a research note on Monday, September 9th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Entain currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,077.25 ($13.67).

Entain Stock Performance

LON ENT opened at GBX 763.80 ($9.69) on Monday. The stock has a 50-day simple moving average of GBX 758.51 and a two-hundred day simple moving average of GBX 694.29. The firm has a market capitalization of £4.88 billion, a P/E ratio of -1,193.44, a PEG ratio of 0.92 and a beta of 1.19. Entain has a fifty-two week low of GBX 498.50 ($6.32) and a fifty-two week high of GBX 1,034 ($13.12). The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67.

Insider Activity at Entain

In related news, insider Ricky Sandler sold 4,334,882 shares of Entain stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 806 ($10.23), for a total value of £34,939,148.92 ($44,327,770.77). Also, insider Amanda Brown acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average price of GBX 741 ($9.40) per share, for a total transaction of £74,100 ($94,011.67). 0.26% of the stock is owned by company insiders.

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.