Shore Capital Reiterates Buy Rating for Entain (LON:ENT)

Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat reports.

Separately, Berenberg Bank lifted their price objective on Entain from GBX 1,035 ($13.74) to GBX 1,100 ($14.60) and gave the stock a "buy" rating in a research note on Thursday, March 13th.

Entain Stock Performance

Shares of LON ENT traded up GBX 18.80 ($0.25) during trading hours on Tuesday, hitting GBX 671.80 ($8.92). 1,955,113 shares of the stock were exchanged, compared to its average volume of 7,522,723. Entain has a one year low of GBX 452.50 ($6.01) and a one year high of GBX 834.20 ($11.07). The company's 50 day moving average is GBX 619 and its 200 day moving average is GBX 688.55. The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74. The firm has a market capitalization of £4.31 billion, a P/E ratio of -9.16, a P/E/G ratio of 0.92 and a beta of 1.19.

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.