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

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

A number of other research firms have also weighed in on ENT. Shore Capital reiterated a "buy" rating on shares of Entain in a research note on Tuesday, April 29th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,100 ($14.94) price objective on shares of Entain in a research note on Monday, June 30th.

Entain Stock Performance

Shares of LON:ENT traded up GBX 4.20 ($0.06) during midday trading on Thursday, reaching GBX 944.60 ($12.83). The company's stock had a trading volume of 1,615,757 shares, compared to its average volume of 5,540,745. The firm has a market capitalization of £6.06 billion, a PE ratio of -12.88, a P/E/G ratio of 0.92 and a beta of 1.19. Entain has a twelve month low of GBX 452.50 ($6.15) and a twelve month high of GBX 961.40 ($13.06). The stock has a fifty day moving average of GBX 796.03 and a 200 day moving average of GBX 703.75. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61.

Insider Transactions at Entain

In other Entain news, insider Ricky Sandler sold 3,242,667 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of GBX 751 ($10.20), for a total transaction 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.