Entain Plc (LON:ENT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Entain Plc (LON:ENT) has earned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,079.67 ($13.38).

ENT has been the subject of several analyst reports. Berenberg Bank lowered their price objective on Entain from GBX 1,030 ($12.76) to GBX 1,010 ($12.52) and set a “neutral” rating for the company in a research note on Thursday, November 7th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,140 ($14.13) price objective on shares of Entain in a report on Monday, December 16th.

Entain Trading Down 0.0 %

LON:ENT opened at GBX 741.20 ($9.18) on Monday. The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74. Entain has a one year low of GBX 498.50 ($6.18) and a one year high of GBX 1,033.43 ($12.81). The company has a market cap of £4.74 billion, a PE ratio of -1,158.13, a PEG ratio of 0.92 and a beta of 1.19. The firm has a 50-day moving average of GBX 717.09 and a 200-day moving average of GBX 700.26.

Insider Activity

In related news, insider Ricky Sandler sold 4,334,882 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 806 ($9.99), for a total value of £34,939,148.92 ($43,295,103.99). 0.26% of the stock is currently owned by corporate 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.