Entain Plc (LON:ENT) Receives GBX 1,145 Consensus Target Price from Brokerages

Key Points

• Entain Plc has received a consensus rating of "Moderate Buy" from five brokerages, with a target price averaging GBX 1,145 ($15.30).
• Insiders have sold a total of 6,510,311 shares worth nearly $5 billion over the last three months, with only 0.26% of the stock being owned by insiders.
• The company has experienced stock fluctuations with a 12-month high of GBX 1,031.50 ($13.78) and a low of GBX 452.50 ($6.05).

Entain Plc (LON:ENT - Get Free Report) has earned an average rating of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,136 ($15.08).

Several research firms recently issued reports on ENT. Berenberg Bank restated a "buy" rating and issued a GBX 1,100 ($14.60) target price on shares of Entain in a report on Monday, June 30th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 1,100 ($14.60) price target on shares of Entain in a research note on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of Entain from GBX 940 ($12.48) to GBX 1,040 ($13.80) and gave the company a "neutral" rating in a research note on Thursday, July 10th. Shore Capital reaffirmed a "buy" rating on shares of Entain in a research note on Tuesday. Finally, Citigroup lifted their price target on shares of Entain from GBX 1,250 ($16.59) to GBX 1,300 ($17.26) and gave the company a "buy" rating in a research note on Thursday, July 24th.

Entain Trading Down 2.1%

Shares of LON:ENT traded down GBX 21.31 ($0.28) during mid-day trading on Tuesday, reaching GBX 1,000.69 ($13.28). 263,747,688 shares of the company's stock were exchanged, compared to its average volume of 6,927,316. The firm has a market capitalization of £6.42 billion, a price-to-earnings ratio of -13.64, a PEG ratio of 0.92 and a beta of 1.19. The business's fifty day moving average price is GBX 869.12 and its 200-day moving average price is GBX 734.61. The company has a debt-to-equity ratio of 188.61, a quick ratio of 0.74 and a current ratio of 0.82. Entain has a twelve month low of GBX 452.50 ($6.01) and a twelve month high of GBX 1,031.50 ($13.69).

Insider Transactions at Entain

In other news, insider Ricky Sandler sold 1,606,144 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of GBX 918 ($12.18), for a total value of £14,744,401.92 ($19,570,483.04). 0.26% of the stock is owned by corporate insiders.

About Entain

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.