Entain (LON:ENT – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a GBX 1,000 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 127.74% from the stock’s previous close.
A number of other brokerages have also recently weighed in on ENT. 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. Shore Capital Group reissued a “buy” rating and set a GBX 988 price target on shares of Entain in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft dropped their price target on Entain from GBX 914 to GBX 872 and set a “buy” rating for the company in a research note on Wednesday, September 30th. Finally, JPMorgan Chase & Co. upped their price target on Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Seven research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 986.43.
Read Our Latest Analysis on Entain
Entain Trading Down 1.2%
LON:ENT traded down GBX 5.30 during trading hours on Monday, reaching GBX 439.10. 3,187,708 shares of the company were exchanged, compared to its average volume of 20,835,305. 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 firm has a market cap of £2.81 billion, a price-to-earnings ratio of -4.85, a PEG ratio of 0.92 and a beta of 0.76. Entain has a 52-week low of GBX 405.41 and a 52-week high of GBX 859.02. The stock has a 50 day simple moving average of GBX 492.12 and a 200 day simple moving average of GBX 534.90.
Insider Buying and Selling at Entain
In related news, insider Michael Snape bought 24,013 shares of the stock in a transaction dated Thursday, October 1st. The stock was acquired at an average price of GBX 416 per share, for a total transaction of £99,894.08. 7.42% of the stock is owned by insiders.
Entain News Roundup
Here are the key news stories impacting Entain this week:
- Positive Sentiment: Entain reported a 2% increase in third-quarter net gaming revenue, while online revenue rose 3%. Growth in the UK and Ireland helped offset weaker Brazilian operations, and management maintained its FY26 EBITDA guidance. Entain Reports 2% Rise in Q3 Net Gaming Revenue and Maintains FY26 EBITDA Guidance
- Positive Sentiment: Jefferies initiated or reiterated a Buy view on Entain, providing some support for the investment case after the stock’s substantial decline over the past year. Entain plc Gets a Buy from Jefferies
- Positive Sentiment: Entain was among the operators progressing in New Zealand’s online casino licence auction, potentially providing a future international growth opportunity, although the licence outcome and financial contribution remain uncertain. New Zealand Online Casino Licence Auction
- Negative Sentiment: Brazil remains a significant drag after Entain shut down or reduced operations there. The market weakness is weighing on the annual outlook, even though management continues to stand by FY26 guidance. Entain Revenue Grows as Brazil Weighs on Annual Outlook
- Negative Sentiment: Entain, Flutter and Evoke warned that potential UK budget tax increases could pressure betting-shop economics, employment and industry profitability. The lobbying highlights an additional regulatory risk for Entain’s domestic business. Betting Tax Hikes Threaten Betting Shops and Jobs
Entain Company Profile
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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