Entain's (ENT) Buy Rating Reaffirmed at Jefferies Financial Group

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Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Jefferies Financial Group in a research note issued on Friday, MarketBeat.com reports. They currently have a GBX 1,140 ($14.43) price objective on the stock. Jefferies Financial Group's price objective points to a potential upside of 38.89% from the stock's current price.

A number of other research analysts have also weighed in on the company. Shore Capital reaffirmed a "buy" rating on shares of Entain in a report on Thursday, March 7th. Barclays cut shares of Entain to an "equal weight" rating and reduced their price objective for the company from GBX 1,120 ($14.18) to GBX 1,070 ($13.54) in a research note on Tuesday, February 6th. Finally, Berenberg Bank lowered their target price on shares of Entain from GBX 1,310 ($16.58) to GBX 1,140 ($14.43) and set a "buy" rating on the stock in a research report on Friday, March 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, Entain has an average rating of "Moderate Buy" and an average target price of GBX 1,232.67 ($15.60).

Check Out Our Latest Stock Analysis on Entain

Entain Stock Performance

ENT traded up GBX 14.60 ($0.18) during trading on Friday, reaching GBX 820.80 ($10.39). The company's stock had a trading volume of 3,190,902 shares, compared to its average volume of 2,149,025. The company has a debt-to-equity ratio of 134.33, a quick ratio of 0.74 and a current ratio of 0.56. The company's fifty day moving average price is GBX 855.01 and its 200-day moving average price is GBX 899.22. Entain has a 52-week low of GBX 718.20 ($9.09) and a 52-week high of GBX 1,516.50 ($19.19). The company has a market capitalization of £5.24 billion, a price-to-earnings ratio of -582.13, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29.


Insider Buying and Selling

In related news, insider Stella David bought 65,000 shares of the stock in a transaction on Monday, March 11th. The shares were purchased at an average price of GBX 736 ($9.32) per share, for a total transaction of £478,400 ($605,492.98). Insiders own 0.19% of the company's stock.

About Entain

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Entain (LON:ENT)

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