Entain (LON:ENT) Price Target Raised to GBX 1,040 at JPMorgan Chase & Co.

Entain (LON:ENT - Free Report) had its price objective raised by JPMorgan Chase & Co. from GBX 940 ($12.77) to GBX 1,040 ($14.13) in a research report report published on Thursday, MarketBeat reports. The brokerage currently has a neutral rating on the stock.

Several other equities analysts have also commented on the stock. Shore Capital reiterated a "buy" rating on shares of Entain in a research report on Tuesday, April 29th. Berenberg Bank reissued a "buy" rating and set a GBX 1,100 ($14.94) target price on shares of Entain in a research report on Monday, June 30th.

Entain Price Performance

Shares of ENT traded up GBX 3.85 ($0.05) during mid-day trading on Thursday, reaching GBX 940.45 ($12.78). The stock had a trading volume of 1,085,244 shares, compared to its average volume of 5,570,479. The firm has a market cap of £6.04 billion, a price-to-earnings ratio of -12.82, a PEG ratio of 0.92 and a beta of 1.19. Entain has a 12 month low of GBX 452.50 ($6.15) and a 12 month high of GBX 961.40 ($13.06). The business has a fifty day moving average of GBX 790.28 and a 200 day moving average of GBX 702.11. The company has a debt-to-equity ratio of 188.61, a quick ratio of 0.74 and a current ratio of 0.82.

Insider Transactions at Entain

In other Entain news, insider Ricky Sandler sold 3,242,667 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of GBX 751 ($10.20), for a total value of £24,352,429.17 ($33,083,044.65). Insiders have sold 6,510,311 shares of company stock worth $4,969,720,109 over the last quarter. Company insiders own 0.26% 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.