Entain’s (ENT) Buy Rating Reaffirmed at Shore Capital Group

Shore Capital Group restated their buy rating on shares of Entain (LON:ENT) in a research note released on Tuesday morning,Digital Look reports. They currently have a GBX 988 target price on the stock.

A number of other equities research analysts also recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,000 target price on shares of Entain in a research report on Thursday. JPMorgan Chase & Co. lowered their price target on Entain from GBX 1,040 to GBX 1,025 and set an “overweight” rating on the stock in a report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on Entain from GBX 1,028 to GBX 950 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Berenberg Bank cut their price objective on Entain from GBX 1,200 to GBX 1,145 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 750 price objective on shares of Entain in a research report on Wednesday, April 15th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 994.

Entain Stock Up 1.4%

ENT opened at GBX 567.80 on Tuesday. 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 firm has a 50 day moving average price of GBX 557.64 and a 200-day moving average price of GBX 566.74. Entain has a twelve month low of GBX 500.40 and a twelve month high of GBX 915.60. The stock has a market capitalization of £3.63 billion, a price-to-earnings ratio of -5.44, a PEG ratio of 0.92 and a beta of 0.77.

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.