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

Key Points

• Jefferies reissued a "Buy" rating on Entain with a GBX 1,000 price objective, implying roughly a 76.18% upside from the prior close.
• The stock has broad analyst support—seven analysts rate it Buy and the MarketBeat consensus price target is GBX 1,086.33, although some firms (Deutsche Bank, Citi) trimmed targets while Berenberg maintains GBX 1,200.
• Shares trade around GBX 567.60 (market cap ~£3.63bn) with a negative P/E and very high leverage (debt-to-equity ≈ 448.6), and a 12-month range of GBX 520–1,031.50, signalling both valuation concerns and potential upside.

Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating reissued by Jefferies Financial Group in a note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 1,000 price objective on the stock. Jefferies Financial Group's target price would indicate a potential upside of 76.18% from the stock's previous close.

Other analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their target price on Entain from GBX 1,055 to GBX 1,028 and set a "buy" rating on the stock in a research report on Wednesday. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,200 target price on shares of Entain in a research report on Monday, March 30th. Shore Capital Group reaffirmed a "buy" rating on shares of Entain in a research report on Thursday, March 5th. Finally, Citigroup dropped their target price on Entain from GBX 1,150 to GBX 1,100 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 1,086.33.

Entain Trading Up 1.8%

Shares of ENT opened at GBX 567.60 on Wednesday. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. The firm has a market capitalization of £3.63 billion, a P/E ratio of -5.44, a price-to-earnings-growth ratio of 0.92 and a beta of 0.82. The stock's fifty day simple moving average is GBX 572.41 and its 200 day simple moving average is GBX 692.72. Entain has a twelve month low of GBX 520 and a twelve month high of GBX 1,031.50.

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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