Entain Plc (LON:ENT) Receives GBX 1,170 Consensus Target Price from Brokerages

Key Points

• Entain Plc has received a consensus recommendation of "Moderate Buy" from six brokerages, with five analysts recommending a buy and one a hold.
• The average 1-year price target for the stock is GBX 1,170, following several recent increases from multiple analysts.
• Insider Ricky Sandler sold over 3.24 million shares of Entain at an average price of GBX 751, totaling approximately £24.35 million.

Entain Plc (LON:ENT - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 1,170.

ENT has been the topic of a number of research analyst reports. Shore Capital reiterated a "buy" rating on shares of Entain in a report on Tuesday, August 12th. Peel Hunt reiterated a "buy" rating and issued a GBX 1,100 price target on shares of Entain in a report on Tuesday, July 29th. Berenberg Bank lifted their price target on shares of Entain from GBX 1,100 to GBX 1,200 and gave the company a "buy" rating in a report on Monday, August 18th. Citigroup lifted their target price on shares of Entain from GBX 1,250 to GBX 1,300 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Entain from GBX 1,040 to GBX 1,110 and gave the company a "neutral" rating in a report on Wednesday, August 13th.

Insider Buying and Selling at Entain

In related news, insider Ricky Sandler sold 3,242,667 shares of Entain stock in a transaction on Monday, June 2nd. The shares were sold at an average price of GBX 751, for a total transaction of £24,352,429.17. Insiders own 0.26% of the company's stock.

Entain Trading Up 0.8%

Shares of ENT traded up GBX 7.40 during mid-day trading on Friday, reaching GBX 892.80. The company had a trading volume of 1,696,088 shares, compared to its average volume of 4,802,271. The stock has a market cap of £5.73 billion, a price-to-earnings ratio of -12.17, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The firm has a fifty day simple moving average of GBX 930.83 and a 200-day simple moving average of GBX 766.26. Entain has a fifty-two week low of GBX 452.50 and a fifty-two week high of GBX 1,031.50. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61.

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.