Entain Plc (LON:ENT) Given Consensus Recommendation of “Buy” by Analysts

Shares of Entain Plc (LON:ENT) have received an average rating of “Buy” from the seven research firms that are presently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,028.

Several research analysts have recently commented on the stock. Shore Capital Group reaffirmed a “buy” rating on shares of Entain in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Entain from GBX 1,055 to GBX 1,028 and set a “buy” rating for the company in a report on Wednesday, April 15th. Citigroup decreased their price target on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a report on Tuesday, March 10th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,200 price target on shares of Entain in a report on Monday, March 30th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,000 target price on shares of Entain in a research note on Wednesday, April 15th.

Entain Trading Up 5.1%

LON ENT opened at GBX 571.32 on Friday. Entain has a one year low of GBX 520 and a one year high of GBX 1,031.50. The company has a 50-day simple moving average of GBX 569.71 and a 200-day simple moving average of GBX 671.59. The company has a debt-to-equity ratio of 448.61, a quick ratio of 0.74 and a current ratio of 0.52. The firm has a market capitalization of £3.66 billion, a PE ratio of -5.48, a price-to-earnings-growth ratio of 0.92 and a beta of 0.82.

About Entain

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.