Entain (LON:ENT) Given Buy Rating at Jefferies Financial Group

Entain (LON:ENT – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a note issued to investors on Monday, Digital Look reports. They currently have a GBX 1,000 price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 123.76% from the company’s current price.

Several other research firms have also weighed in on ENT. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Entain from GBX 914 to GBX 872 and set a “buy” rating for the company in a research report on Wednesday, September 30th. Berenberg Bank restated a “buy” rating and set a GBX 1,145 price objective on shares of Entain in a report on Monday, September 14th. JPMorgan Chase & Co. lifted their price objective on shares of Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Finally, Shore Capital Group reaffirmed a “buy” rating and issued 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 data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 986.43.

Check Out Our Latest Stock Report on Entain

Entain Trading Up 1.8%

LON ENT opened at GBX 446.90 on Monday. The stock has a market capitalization of £2.86 billion, a price-to-earnings ratio of -4.94, a PEG ratio of 0.92 and a beta of 0.76. Entain has a one year low of GBX 405.41 and a one year high of GBX 828.40. The company has a debt-to-equity ratio of 497.51, a current ratio of 1.01 and a quick ratio of 0.74. The business’s fifty day moving average is GBX 488.32 and its 200-day moving average is GBX 533.58.

Insiders Place Their Bets

In other news, insider Michael Snape bought 51,815 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was acquired at an average cost of GBX 482 per share, with a total value of £249,748.30. Company insiders own 7.42% of the company’s stock.

Key Headlines Impacting Entain

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.

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Analyst Recommendations for Entain (LON:ENT)

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