Entain Plc (LON:ENT) Receives Average Recommendation of “Buy” from Analysts

Entain Plc (LON:ENT) has been given an average rating of “Buy” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 1,028.

Several equities research analysts recently weighed in on ENT shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 750 price target on shares of Entain in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,028 price target on shares of Entain in a report on Tuesday. Shore Capital Group reaffirmed a “buy” rating on shares of Entain in a report on Thursday, April 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,000 price target on shares of Entain in a report on Wednesday, April 15th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 price target on shares of Entain in a report on Wednesday.

Entain Price Performance

Shares of LON ENT opened at GBX 566.80 on Thursday. The company has a debt-to-equity ratio of 448.61, a current ratio of 0.52 and a quick ratio of 0.74. The stock has a fifty day moving average price of GBX 557.80 and a 200 day moving average price of GBX 632.23. Entain has a 1-year low of GBX 500.40 and a 1-year high of GBX 1,031.50. The company has a market cap of £3.63 billion, a PE ratio of -5.43, a P/E/G ratio of 0.92 and a beta of 0.76.

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.