Entain (LON:ENT) Given New GBX 1,010 Price Target at Berenberg Bank

Entain (LON:ENT) had its price target reduced by Berenberg Bank from GBX 1,030 ($13.41) to GBX 1,010 ($13.15) in a report released on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a neutral rating on the stock.

A number of other equities analysts have also recently issued reports on ENT. Shore Capital restated a “buy” rating on shares of Entain in a research note on Monday, September 9th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Entain in a research report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 1,025.80 ($13.35).

Entain Stock Performance

Shares of LON ENT opened at GBX 748 ($9.74) on Thursday. The firm has a market capitalization of £4.78 billion, a price-to-earnings ratio of -1,168.75, a PEG ratio of 0.92 and a beta of 1.19. Entain has a one year low of GBX 498.50 ($6.49) and a one year high of GBX 1,034 ($13.46). The business has a fifty day simple moving average of GBX 727.27 and a 200 day simple moving average of GBX 691.01. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96.

Insider Activity

In other news, insider Ricky Sandler bought 555,333 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of GBX 580 ($7.55) per share, for a total transaction of £3,220,931.40 ($4,192,829.21). In other news, insider Ricky Sandler acquired 555,333 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of GBX 580 ($7.55) per share, with a total value of £3,220,931.40 ($4,192,829.21). Also, insider Amanda Brown acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of GBX 741 ($9.65) per share, with a total value of £74,100 ($96,459.26). 0.26% of the stock is owned by corporate insiders.

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.