Entain Plc (LON:ENT) Receives GBX 1,265.17 Consensus Price Target from Brokerages

Entain Plc (LON:ENT) has been given an average rating of “Moderate Buy” by the eight ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,232.67 ($15.35).

ENT has been the subject of several recent analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Entain in a research report on Thursday, March 7th. Barclays cut shares of Entain to an “equal weight” rating and reduced their price target for the stock from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a report on Tuesday, February 6th. Berenberg Bank dropped their price objective on shares of Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a “buy” rating on the stock in a report on Friday, March 22nd. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,140 ($14.19) target price on shares of Entain in a research note on Friday.

Insider Buying and Selling

In related news, insider Stella David purchased 65,000 shares of the business’s stock in a transaction on Monday, March 11th. The stock was acquired at an average price of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). 0.19% of the stock is currently owned by company insiders.

Entain Trading Down 2.8 %

Shares of ENT stock opened at GBX 794.50 ($9.89) on Tuesday. Entain has a fifty-two week low of GBX 718.20 ($8.94) and a fifty-two week high of GBX 1,516.50 ($18.88). The company has a debt-to-equity ratio of 134.33, a quick ratio of 0.74 and a current ratio of 0.56. The stock has a 50 day simple moving average of GBX 848.05 and a two-hundred day simple moving average of GBX 897.17. The company has a market cap of £5.08 billion, a P/E ratio of -579.57, a PEG ratio of 0.92 and a beta of 1.29.

Entain Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, April 26th. Stockholders of record on Thursday, March 14th will be issued a dividend of GBX 8.90 ($0.11) per share. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, March 14th. Entain’s dividend payout ratio is currently -1,276.60%.

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.