Entain Plc (LON:ENT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Entain Plc has received an average rating of "Moderate Buy" from six analysts, with five recommending a buy and one a hold.
• The average 1-year target price for Entain shares is set at GBX 1,210, with some analysts providing price targets as high as GBX 1,400.
• Insider Ricky Sandler sold 1,059,998 shares at an average price of GBX 872 recently, highlighting significant insider trading activity within the company.

Entain Plc (LON:ENT - Get Free Report) has received an average rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 1,210.

Several equities analysts have weighed in on ENT shares. Shore Capital reaffirmed a "buy" rating on shares of Entain in a research report on Tuesday, August 12th. Berenberg Bank restated a "buy" rating and issued a GBX 1,400 price objective on shares of Entain in a report on Wednesday. JPMorgan Chase & Co. increased their target price on shares of Entain from GBX 1,040 to GBX 1,110 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. Peel Hunt reissued a "buy" rating and issued a GBX 1,100 price target on shares of Entain in a research report on Tuesday, July 29th. Finally, Citigroup upped their price objective on Entain from GBX 1,250 to GBX 1,300 and gave the stock a "buy" rating in a research report on Thursday, July 24th.

Insider Activity at Entain

In other news, insider Ricky Sandler sold 1,059,998 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 872, for a total transaction of £9,243,182.56. Corporate insiders own 7.36% of the company's stock.

Entain Stock Down 1.4%

Shares of LON:ENT opened at GBX 826.31 on Friday. Entain has a 12-month low of GBX 452.50 and a 12-month high of GBX 1,031.50. The company has a market capitalization of £5.29 billion, a price-to-earnings ratio of -961.95, a PEG ratio of 0.92 and a beta of 1.19. The business has a 50-day moving average price of GBX 883.87 and a 200 day moving average price of GBX 802.32. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61.

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.

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