Entain (LON:ENT) Earns Buy Rating from Berenberg Bank

Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Berenberg Bank in a research note issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 1,140 ($14.19) price objective on the stock. Berenberg Bank's target price indicates a potential upside of 38.32% from the stock's previous close.

Several other equities research analysts also recently weighed in on the stock. Shore Capital reissued a "buy" rating on shares of Entain in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,089 ($13.56) price objective on shares of Entain in a research report on Thursday. Barclays downgraded shares of Entain to an "equal weight" rating and lowered their price objective for the company from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research report on Tuesday, February 6th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,140 ($14.19) price objective on shares of Entain in a research report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,143.17 ($14.23).

Get Our Latest Report on Entain


Entain Stock Up 1.2 %

Shares of ENT traded up GBX 10 ($0.12) during midday trading on Wednesday, hitting GBX 824.20 ($10.26). The company had a trading volume of 1,840,966 shares, compared to its average volume of 2,204,873. The company's 50 day moving average price is GBX 841.69 and its 200 day moving average price is GBX 895.68. The stock has a market cap of £5.26 billion, a price-to-earnings ratio of -584.54, a PEG ratio of 0.92 and a beta of 1.29. Entain has a 52 week low of GBX 718.20 ($8.94) and a 52 week high of GBX 1,516.50 ($18.88). The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33.

Insiders Place Their Bets

In other news, insider Stella David bought 65,000 shares of the firm's stock in a transaction on Monday, March 11th. The stock was purchased at an average price of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). 0.19% of the stock is owned by insiders.

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.

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Analyst Recommendations for Entain (LON:ENT)

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