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

Shore Capital Group reaffirmed their buy rating on shares of Entain (LON:ENT) in a research note released on Thursday morning, Marketbeat reports.

Several other analysts have also weighed in on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 target price on shares of Entain in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Entain from GBX 1,158 to GBX 1,029 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Citigroup cut their target price on shares of Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating for the company in a research report on Thursday, November 27th. Finally, JPMorgan Chase & Co. raised shares of Entain to an “overweight” rating and reduced their price target for the company from GBX 1,150 to GBX 1,090 in a report on Tuesday, December 2nd. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 1,113.80.

Entain Stock Performance

ENT opened at GBX 586.60 on Thursday. Entain has a 1-year low of GBX 452.50 and a 1-year high of GBX 1,031.50. The stock has a market cap of £3.75 billion, a P/E ratio of -6.83, a P/E/G ratio of 0.92 and a beta of 0.90. The stock’s 50 day simple moving average is GBX 654.27 and its 200 day simple moving average is GBX 755.65. The company has a debt-to-equity ratio of 259.61, a current ratio of 0.60 and a quick ratio of 0.74.

Insider Activity at Entain

In other news, insider Ricky Sandler purchased 621,384 shares of the stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of GBX 767 per share, for a total transaction of £4,766,015.28. 7.42% of the stock is currently owned by company insiders.

Trending Headlines about Entain

Here are the key news stories impacting Entain this week:

• Positive Sentiment: Underlying EBITDA and online revenue surprised to the upside, supporting the quality of ongoing earnings and investor confidence. Read More.
• Positive Sentiment: Management outlined a package of measures to limit the cash and profit impact of the UK gambling tax rise — including cost cuts and a reported £50m tax‑mitigation initiative — which reduces near‑term downside risk. Read More.
• Positive Sentiment: Analyst support: Shore Capital reaffirmed a “buy” rating, providing a broker-backed signal that helped sentiment. Read More.
• Neutral Sentiment: Growth optionality: Entain is pursuing up to three iGaming licences in New Zealand — a potential revenue avenue but with uncertain timing and regulatory hurdles. Read More.
• Negative Sentiment: Large one‑off UK tax charge: The Budget gambling tax increase produced a substantial charge (reported between ~£488m and £650m in different reports), driving a statutory FY25 loss and widening headline impairment costs. Read More.
• Negative Sentiment: Impairment and non‑cash charges hit the bottom line, turning what was solid operating performance into a multi‑million statutory loss for the year. Read More.
• Negative Sentiment: Headline losses and higher reported tax bills create near‑term profit volatility and raise questions on cash/return metrics until mitigation and cost cuts take effect. Read More.

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.