Entain Plc (LON:ENT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Entain Plc (LON:ENT - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 1,265.17 ($16.01).

Several brokerages have commented on ENT. Barclays lowered shares of Entain to an "equal weight" rating and decreased their price objective for the stock from GBX 1,120 ($14.18) to GBX 1,070 ($13.54) in a report on Tuesday, February 6th. Shore Capital reissued a "buy" rating on shares of Entain in a research report on Thursday, March 7th. Finally, Berenberg Bank cut their price target on Entain from GBX 1,310 ($16.58) to GBX 1,140 ($14.43) and set a "buy" rating for the company in a research note on Friday, March 22nd.

Entain Trading Down 0.2 %

Shares of Entain stock traded down GBX 1.60 ($0.02) on Tuesday, hitting GBX 823.40 ($10.42). The stock had a trading volume of 1,372,082 shares, compared to its average volume of 2,120,729. The stock's 50-day simple moving average is GBX 861.30 and its two-hundred day simple moving average is GBX 900.36. Entain has a one year low of GBX 718.20 ($9.09) and a one year high of GBX 1,516.50 ($19.19). The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33. The stock has a market cap of £5.26 billion, a price-to-earnings ratio of -583.97, a PEG ratio of 0.92 and a beta of 1.29.

Entain Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 26th. Stockholders of record on Thursday, March 14th will be given a dividend of GBX 8.90 ($0.11) per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a dividend yield of 1.07%. Entain's payout ratio is currently -1,276.60%.

Insider Activity at Entain

In other news, insider Stella David acquired 65,000 shares of Entain stock in a transaction dated Monday, March 11th. The stock was purchased at an average cost of GBX 736 ($9.32) per share, with a total value of £478,400 ($605,492.98). 0.19% of the stock is currently owned by corporate insiders.

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.