Entain’s (ENT) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Entain (LON:ENT)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued on Tuesday,London Stock Exchange reports. They presently have a GBX 1,028 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 85.36% from the stock’s current price.

ENT has been the topic of several other research reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,000 target price on shares of Entain in a research report on Wednesday, April 15th. Berenberg Bank reissued a “buy” rating and set a GBX 1,200 target price on shares of Entain in a research report on Monday, March 30th. Peel Hunt reissued a “buy” rating and set a GBX 750 target price on shares of Entain in a research report on Wednesday, April 15th. Shore Capital Group reissued a “buy” rating on shares of Entain in a research report on Thursday, April 16th. Finally, Citigroup cut their target price on Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Entain presently has an average rating of “Buy” and an average price target of GBX 1,028.

Entain Stock Performance

LON ENT opened at GBX 554.60 on Tuesday. The company has a market cap of £3.55 billion, a P/E ratio of -5.32, a P/E/G ratio of 0.92 and a beta of 0.76. 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 business’s 50 day moving average price is GBX 558 and its 200-day moving average price is GBX 634.80. Entain has a fifty-two week low of GBX 500.40 and a fifty-two week high of GBX 1,031.50.

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.