Entain (LON:ENT) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Entain (LON:ENT)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday,Digital Look reports. They currently have a GBX 1,028 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 81.24% from the company’s current price.

Several other research analysts also recently commented on ENT. Jefferies Financial Group restated a “buy” rating and set a GBX 1,000 price objective on shares of Entain in a report on Friday. Shore Capital Group reissued a “buy” rating and set a GBX 988 price target on shares of Entain in a research report on Friday. Peel Hunt restated a “buy” rating and set a GBX 750 price target on shares of Entain in a research note on Wednesday, April 15th. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 price objective on shares of Entain in a report on Wednesday, June 3rd. Finally, Citigroup lowered their price objective on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 1,022.29.

Entain Trading Down 0.4%

ENT traded down GBX 2.40 on Friday, reaching GBX 567.20. 2,013,164 shares of the company traded hands, compared to its average volume of 20,914,107. The company has a quick ratio of 0.74, a current ratio of 0.52 and a debt-to-equity ratio of 448.61. The company has a market cap of £3.63 billion, a P/E ratio of -5.44, a price-to-earnings-growth ratio of 0.92 and a beta of 0.76. The firm has a fifty day simple moving average of GBX 561.93 and a two-hundred day simple moving average of GBX 612.49. Entain has a one year low of GBX 500.40 and a one year high of GBX 1,031.50.

Entain Company Profile

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.