Entain Plc (LON:ENT) Receives Average Rating of “Hold” from Analysts

Entain Plc (LON:ENT) has been given an average recommendation of “Hold” by the seven analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,025.80 ($12.92).

Several research analysts have recently weighed in on the company. Shore Capital reissued a “buy” rating on shares of Entain in a research report on Monday, September 9th. Berenberg Bank decreased their price objective on shares of Entain from GBX 1,030 ($12.97) to GBX 1,010 ($12.72) and set a “neutral” rating for the company in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Entain in a research note on Wednesday, September 11th.

Insider Activity at Entain

In other Entain news, insider Ricky Sandler sold 369,470 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of GBX 707 ($8.90), for a total value of £2,612,152.90 ($3,289,450.82). Also, insider Amanda Brown bought 10,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was bought at an average price of GBX 741 ($9.33) per share, for a total transaction of £74,100 ($93,313.18). 0.26% of the stock is currently owned by company insiders.

Entain Price Performance

Entain stock opened at GBX 754.80 ($9.51) on Wednesday. The stock has a 50-day moving average price of GBX 743.51 and a two-hundred day moving average price of GBX 688.14. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96. Entain has a 12 month low of GBX 498.50 ($6.28) and a 12 month high of GBX 1,034 ($13.02). The company has a market capitalization of £4.83 billion, a PE ratio of -1,179.38, a P/E/G ratio of 0.92 and a beta of 1.19.

About Entain

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.