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

Shore Capital Group reiterated their buy rating on shares of Entain (LON:ENT) in a research note issued to investors on Friday, MarketBeat.com reports. The firm currently has a GBX 988 price target on the stock.

Several other equities analysts have also issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,000 price target on shares of Entain in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Entain from GBX 950 to GBX 914 and set a “buy” rating for the company in a research report on Monday, August 17th. Berenberg Bank restated a “buy” rating and issued a GBX 1,145 price target on shares of Entain in a research report on Monday, September 14th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Entain from GBX 1,025 to GBX 1,050 and gave the company an “overweight” rating in a research report on Monday, August 17th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 992.43.

Entain Stock Performance

LON ENT opened at GBX 476.70 on Friday. The stock’s 50 day moving average is GBX 535.38 and its 200 day moving average is GBX 551.18. The company has a quick ratio of 0.74, a current ratio of 1.01 and a debt-to-equity ratio of 497.51. The firm has a market capitalization of £3.05 billion, a PE ratio of -5.27, a P/E/G ratio of 0.92 and a beta of 0.76. Entain has a twelve month low of GBX 473.50 and a twelve month high of GBX 915.60.

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.