Entain (LON:ENT) Given “Buy” Rating at Shore Capital

Entain (LON:ENT)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research report issued to clients and investors on Monday, LSE.Co.UK reports.

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($14.99) price target on shares of Entain in a research report on Monday, June 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Entain has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,143.17 ($15.03).

Entain Price Performance

Shares of ENT traded up GBX 33.80 ($0.44) during trading hours on Monday, reaching GBX 673.20 ($8.85). The company had a trading volume of 135,131,922 shares, compared to its average volume of 4,560,369. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96. Entain has a 12-month low of GBX 498.50 ($6.55) and a 12-month high of GBX 1,183 ($15.56). The firm has a 50 day simple moving average of GBX 621.28 and a 200-day simple moving average of GBX 715.94. The company has a market capitalization of £4.30 billion, a price-to-earnings ratio of -1,051.88, a PEG ratio of 0.92 and a beta of 1.19.

Insider Activity at Entain

In related news, insider Ricky Sandler acquired 555,333 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average price of GBX 580 ($7.63) per share, with a total value of £3,220,931.40 ($4,235,281.26). 0.22% of the stock is owned by corporate 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.