Entain Plc (LON:ENT) Receives GBX 1,145 Average PT 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 been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 1,136 ($15.08).

ENT has been the subject of several analyst reports. Peel Hunt reissued a "buy" rating and issued a GBX 1,100 ($14.60) target price on shares of Entain in a research note on Tuesday. JPMorgan Chase & Co. raised their target price 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 reissued a "buy" rating on shares of Entain in a research note on Tuesday. Citigroup raised their target price 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. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 1,100 ($14.60) target price on shares of Entain in a research note on Monday, June 30th.

Entain Price Performance

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 were exchanged, compared to its average volume of 6,927,316. Entain has a 12 month low of GBX 452.50 ($6.01) and a 12 month high of GBX 1,031.50 ($13.69). The company has a fifty day moving average of GBX 874.50 and a 200 day moving average of GBX 737.28. 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 stock has a market cap of £6.42 billion, a PE ratio of -13.64, a PEG ratio of 0.92 and a beta of 1.19.

Insider Buying and Selling

In other Entain news, insider Ricky Sandler sold 3,242,667 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of GBX 751 ($9.97), for a total transaction of £24,352,429.17 ($32,323,372.94). 0.26% of the stock is currently owned by company 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.