Brokerages Set Entain Plc (LON:ENT) PT at GBX 1,077.25

Shares of Entain Plc (LON:ENT) have been assigned an average rating of “Moderate Buy” from the five research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 1,079.67 ($13.39).

ENT has been the topic of several recent research reports. Berenberg Bank decreased their target price on shares of Entain from GBX 1,030 ($12.78) to GBX 1,010 ($12.53) and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,140 ($14.14) target price on shares of Entain in a report on Monday, December 16th.

Insider Activity

In related news, insider Ricky Sandler sold 4,334,882 shares of Entain stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 806 ($10.00), for a total transaction of £34,939,148.92 ($43,343,442.40). Insiders own 0.26% of the company’s stock.

Entain Stock Performance

Entain stock opened at GBX 741.40 ($9.20) on Monday. Entain has a 52 week low of GBX 498.50 ($6.18) and a 52 week high of GBX 1,033.43 ($12.82). The firm has a market capitalization of £4.74 billion, a P/E ratio of -1,158.43, a PEG ratio of 0.92 and a beta of 1.19. The stock has a fifty day moving average price of GBX 717.09 and a 200 day moving average price of GBX 700.26. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96.

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.