Entain (LON:ENT) Earns “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Entain (LON:ENT) in a research note released on Friday, MarketBeat.com reports. The firm currently has a GBX 1,140 ($14.19) price objective on the stock.

ENT has been the subject of several other reports. Shore Capital reiterated a buy rating on shares of Entain in a research report on Thursday, March 7th. Berenberg Bank dropped their price target on Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a buy rating on the stock in a report on Friday, March 22nd. Finally, Barclays lowered Entain to an equal weight rating and lowered their target price for the company from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research note on Tuesday, February 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Entain presently has an average rating of Moderate Buy and an average target price of GBX 1,232.67 ($15.35).

Entain Stock Performance

ENT opened at GBX 817.20 ($10.17) on Friday. The business’s fifty day moving average is GBX 848.05 and its 200-day moving average is GBX 897.17. The firm has a market cap of £5.22 billion, a P/E ratio of -579.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. The company has a debt-to-equity ratio of 134.33, a quick ratio of 0.74 and a current ratio of 0.56. Entain has a 52-week low of GBX 718.20 ($8.94) and a 52-week high of GBX 1,516.50 ($18.88).

Entain Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 14th will be given a dividend of GBX 8.90 ($0.11) per share. This represents a yield of 1.07%. The ex-dividend date is Thursday, March 14th. Entain’s payout ratio is -1,276.60%.

Insider Transactions at Entain

In related news, insider Stella David bought 65,000 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average cost of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). Company insiders own 0.19% of the company’s stock.

About Entain

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.