Entain's (ENT) "Buy" Rating Reiterated at Shore Capital

Key Points

• Shore Capital has reaffirmed a "buy" rating for Entain (ENT), indicating strong confidence in the stock's performance.
• Other analysts, including Peel Hunt and Berenberg Bank, have also given buy ratings with target prices ranging from GBX 1,100 to GBX 1,400.
• Currently, Entain has a consensus rating of "Moderate Buy" with a price target of GBX 1,210 according to MarketBeat.

Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating reaffirmed by Shore Capital in a research report issued to clients and investors on Wednesday,Digital Look reports.

A number of other research analysts have also issued reports on the company. Peel Hunt reaffirmed a "buy" rating and set a GBX 1,100 target price on shares of Entain in a report on Wednesday. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,400 price target on shares of Entain in a research report on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on Entain from GBX 1,040 to GBX 1,110 and gave the company a "neutral" rating in a research report on Wednesday, August 13th. Finally, Citigroup increased their price target on Entain from GBX 1,250 to GBX 1,300 and gave the company a "buy" rating in a research report on Thursday, July 24th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Entain has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,210.

Entain Price Performance

LON:ENT traded down GBX 20.40 during mid-day trading on Wednesday, reaching GBX 819. 2,452,419 shares of the stock were exchanged, compared to its average volume of 4,922,406. The business has a fifty day moving average price of GBX 876.68 and a 200 day moving average price of GBX 805.19. The firm has a market capitalization of £5.24 billion, a PE ratio of -953.43, a PEG ratio of 0.92 and a beta of 1.19. Entain has a 1-year low of GBX 452.50 and a 1-year 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.

Insider Buying and Selling

In other Entain news, insider Ricky Sandler sold 1,059,998 shares of the firm'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. Insiders own 7.36% of the company's stock.

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.

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