Entain (LON:ENT) Price Target Raised to GBX 1,300 at Citigroup

Entain (LON:ENT - Free Report) had its price objective increased by Citigroup from GBX 1,250 ($16.80) to GBX 1,300 ($17.47) in a research note issued to investors on Thursday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.

ENT has been the subject of several other reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,100 ($14.78) target price on shares of Entain in a research note on Monday, June 30th. Shore Capital restated a "buy" rating on shares of Entain in a report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. upped their target price on Entain from GBX 940 ($12.63) to GBX 1,040 ($13.98) and gave the company a "neutral" rating in a report on Thursday, July 10th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,145 ($15.39).

Entain Price Performance

Shares of ENT stock traded up GBX 15.40 ($0.21) during trading hours on Thursday, hitting GBX 998.60 ($13.42). 6,986,684 shares of the company's stock were exchanged, compared to its average volume of 5,267,504. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. The firm has a market cap of £6.41 billion, a P/E ratio of -13.61, a P/E/G ratio of 0.92 and a beta of 1.19. The firm has a 50 day moving average of GBX 848.79 and a two-hundred day moving average of GBX 725.10. Entain has a fifty-two week low of GBX 452.50 ($6.08) and a fifty-two week high of GBX 1,006.29 ($13.52).

Insider Transactions at Entain

In other Entain news, insider Ricky Sandler sold 1,606,144 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of GBX 918 ($12.34), for a total value of £14,744,401.92 ($19,815,081.20). Over the last quarter, insiders sold 6,510,311 shares of company stock valued at $4,969,720,109. 0.26% of the stock is owned by company insiders.

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.