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Entain (LON:ENT) Shares Up 6.8% - Should You Buy?

Entain logo with Consumer Cyclical background

Entain Plc (LON:ENT - Get Free Report) shot up 6.8% during trading on Monday . The stock traded as high as GBX 647.80 ($8.61) and last traded at GBX 628.20 ($8.35). 3,598,070 shares traded hands during trading, a decline of 53% from the average session volume of 7,631,313 shares. The stock had previously closed at GBX 588.30 ($7.82).

Analysts Set New Price Targets

A number of brokerages have weighed in on ENT. Shore Capital restated a "buy" rating on shares of Entain in a research report on Tuesday. Berenberg Bank reissued a "buy" rating and set a GBX 1,000 ($13.29) price objective on shares of Entain in a report on Thursday.

View Our Latest Stock Report on Entain

Entain Stock Up 2.9 %

The stock's fifty day simple moving average is GBX 619.80 and its two-hundred day simple moving average is GBX 688.67. The stock has a market capitalization of £4.31 billion, a P/E ratio of -9.16, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 188.61, a quick ratio of 0.74 and a current ratio of 0.82.

About Entain

(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.

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