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

Entain (LON:ENT – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report issued on Monday, Digital Look reports. They presently have a GBX 1,000 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 123.76% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,145 target price on shares of Entain in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Entain from GBX 914 to GBX 872 and set a “buy” rating for the company in a report on Wednesday, September 30th. JPMorgan Chase & Co. raised their price target on shares of Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a report on Monday, August 17th. Finally, Shore Capital Group reaffirmed a “buy” rating and set a GBX 988 price objective on shares of Entain in a research report on Friday, September 18th. Seven investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 986.43.

Check Out Our Latest Stock Analysis on Entain

Entain Trading Up 1.8%

Shares of LON ENT opened at GBX 446.90 on Monday. Entain has a one year low of GBX 405.41 and a one year high of GBX 828.40. The firm has a market capitalization of £2.86 billion, a PE ratio of -4.94, a PEG ratio of 0.92 and a beta of 0.76. The company has a current ratio of 1.01, a quick ratio of 0.74 and a debt-to-equity ratio of 497.51. The business has a 50-day moving average price of GBX 488.32 and a two-hundred day moving average price of GBX 533.58.

Insider Buying and Selling at Entain

In related news, insider Michael Snape purchased 24,013 shares of Entain stock in a transaction on Thursday, October 1st. The stock was bought at an average price of GBX 416 per share, with a total value of £99,894.08. 7.42% of the stock is owned by corporate insiders.

More Entain News

Here are the key news stories impacting Entain this week:

Entain Company Profile

(Get Free Report)

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.

Further Reading

Analyst Recommendations for Entain (LON:ENT)

Receive News & Ratings for Entain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entain and related companies with MarketBeat.com's FREE daily email newsletter.