Entain (LON:ENT) Share Price Breaks Above 50-Day Moving Average – Time to Sell?

Entain Plc (LON:ENT)’s stock price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 472.72 and traded as high as GBX 487. Entain shares last traded at GBX 473.70, with a volume of 4,062,921 shares traded.

Key Entain News

Here are the key news stories impacting Entain this week:

• Positive Sentiment: Australia’s Federal Court reportedly criticized the “false veneer” of AUSTRAC’s case against Entain, a development that could reduce perceived regulatory and legal risk for the company. Federal Court blasts ‘false veneer’ in AUSTRAC’s case against Entain
• Positive Sentiment: Jefferies and Berenberg both reaffirmed “buy” ratings and set GBX 1,000 price targets. Separately, the broker consensus target is GBX 978.57, implying substantial potential upside from current levels if Entain executes on its recovery plans. Jefferies recommendation Berenberg recommendation Entain consensus target price
• Neutral Sentiment: Entain maintained its 2026 guidance despite the tax changes, suggesting management currently expects to absorb or offset the additional burden without revising near-term forecasts. Entain maintains 2026 guidance
• Negative Sentiment: Higher UK machine-games duty is expected to cost Entain about £25 million, or approximately $33 million, annually. Entain and other industry groups called the government’s gambling tax measures “detrimental and damaging,” warning of pressure on profitability, jobs and retail betting operations. Entain faces UK gambling tax impact Gambling tax criticism

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Berenberg Bank restated a “buy” rating and set a GBX 1,000 price target on shares of Entain in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on Entain from GBX 1,025 to GBX 1,050 and gave the stock an “overweight” rating in a report on Monday, August 17th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,000 price objective on shares of Entain in a research report on Thursday. Shore Capital Group restated a “buy” rating and set a GBX 988 target price on shares of Entain in a report on Friday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Entain from GBX 914 to GBX 872 and set a “buy” rating on the stock in a research report on Wednesday, September 30th. Seven analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Entain has a consensus rating of “Buy” and a consensus price target of GBX 965.71.

Entain Stock Up 0.6%

The company’s fifty day moving average price is GBX 469.84 and its 200-day moving average price is GBX 547. The stock has a market capitalization of £2.99 billion, a PE ratio of -5.16, a price-to-earnings-growth ratio of 0.92 and a beta of 0.76. The company has a quick ratio of 0.74, a current ratio of 1.01 and a debt-to-equity ratio of 497.51.

Insiders Place Their Bets

In related news, insider Michael Snape acquired 51,815 shares of Entain stock in a transaction that occurred on Friday, September 18th. The stock was bought at an average price of GBX 482 per share, with a total value of £249,748.30. 7.42% of the stock is currently owned by company insiders.

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.