Entain Plc (LON:ENT) Receives GBX 1,143.17 Average Price Target from Brokerages

Entain Plc (LON:ENT) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 1,143.17 ($14.36).

ENT has been the subject of several recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.32) target price on shares of Entain in a research note on Friday, April 12th. Barclays lowered shares of Entain to an “equal weight” rating and decreased their price objective for the company from GBX 1,120 ($14.07) to GBX 1,070 ($13.44) in a research note on Tuesday, February 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,089 ($13.68) target price on shares of Entain in a research note on Thursday, April 18th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,140 ($14.32) price target on shares of Entain in a report on Wednesday, April 17th. Finally, Shore Capital restated a “buy” rating on shares of Entain in a research note on Wednesday, April 17th.

Insider Buying and Selling at Entain

In related news, insider Ricky Sandler sold 924,505 shares of Entain stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of GBX 784 ($9.85), for a total value of £7,248,119.20 ($9,105,677.39). In related news, insider Ricky Sandler sold 924,505 shares of the stock in a transaction dated Friday, April 26th. The stock was sold at an average price of GBX 784 ($9.85), for a total transaction of £7,248,119.20 ($9,105,677.39). Also, insider Stella David bought 65,000 shares of Entain stock in a transaction on Monday, March 11th. The shares were bought at an average cost of GBX 736 ($9.25) per share, with a total value of £478,400 ($601,005.03). Insiders own 0.19% of the company’s stock.

Entain Stock Down 0.9 %

Shares of LON:ENT opened at GBX 772.40 ($9.70) on Friday. The stock has a market cap of £4.93 billion, a price-to-earnings ratio of -552.62, a PEG ratio of 0.92 and a beta of 1.29. The business’s 50 day moving average is GBX 804.17 and its 200 day moving average is GBX 882.52. Entain has a 12-month low of GBX 718.20 ($9.02) and a 12-month high of GBX 1,516.50 ($19.05). The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33.

Entain Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 14th were paid a GBX 8.90 ($0.11) dividend. This represents a yield of 1.07%. The ex-dividend date was Thursday, March 14th. Entain’s dividend payout ratio is currently -1,276.60%.

About Entain

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.