Entain’s (ENT) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Entain (LON:ENT) in a research note issued to investors on Tuesday morning,Digital Look reports. They currently have a GBX 1,000 target price on the stock.

ENT has been the subject of a number of other research reports. Berenberg Bank decreased their price objective on shares of Entain from GBX 1,200 to GBX 1,145 and set a “buy” rating for the company in a research report on Friday, July 31st. JPMorgan Chase & Co. cut their price target on shares of Entain from GBX 1,040 to GBX 1,025 and set an “overweight” rating for the company in a report on Friday, July 3rd. Shore Capital Group restated a “buy” rating and set a GBX 988 price objective on shares of Entain in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Entain from GBX 1,028 to GBX 950 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 750 target price on shares of Entain in a research note on Wednesday, April 15th. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Entain has a consensus rating of “Buy” and an average target price of GBX 994.

Entain Stock Performance

Shares of LON ENT opened at GBX 530.80 on Tuesday. The company’s fifty day moving average price is GBX 558.01 and its 200 day moving average price is GBX 570.49. Entain has a 1 year low of GBX 500.40 and a 1 year high of GBX 1,020.50. The company has a market capitalization of £3.40 billion, a PE ratio of -5.09, a price-to-earnings-growth ratio of 0.92 and a beta of 0.77. The company has a debt-to-equity ratio of 448.61, a quick ratio of 0.74 and a current ratio of 0.52.

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.