Shore Capital Reiterates “Buy” Rating for Entain (LON:ENT)

Posted by on Aug 12th, 2023

Entain (LON:ENT – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Thursday, Marketbeat.com reports.

A number of other brokerages also recently issued reports on ENT. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Entain in a report on Wednesday, June 14th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,805 ($23.07) price target on shares of Entain in a report on Friday, June 16th. Finally, Barclays reiterated an “overweight” rating and set a GBX 1,450 ($18.53) target price on shares of Entain in a research report on Tuesday, July 25th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Entain has a consensus rating of “Buy” and an average target price of GBX 1,822.50 ($23.29).

Check Out Our Latest Stock Report on Entain

Entain Trading Down 4.9 %

LON:ENT opened at GBX 1,312.50 ($16.77) on Thursday. The firm has a market cap of £8.37 billion, a PE ratio of 21,875.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24. The stock has a fifty day moving average price of GBX 1,284.82 and a 200 day moving average price of GBX 1,345.70. Entain has a 12-month low of GBX 1,045 ($13.35) and a 12-month high of GBX 1,596.50 ($20.40). The company has a current ratio of 0.72, a quick ratio of 0.74 and a debt-to-equity ratio of 104.75.

Insider Transactions at Entain

In related news, insider Rob Wood sold 52,808 shares of the company’s stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of GBX 1,210 ($15.46), for a total value of £638,976.80 ($816,583.77). Corporate insiders own 0.14% of the company’s stock.

Entain Company Profile

(Get Free Report)

Entain PLC operates as a sports-betting and gaming company. The company provides online betting, casino, poker, and bingo services through mobile and web under the bwin; online and multi-channel betting under the Ladbrokes; street and online betting under the Coral; sports betting, casino, game, and poker under the Sportingbet; and sports betting, poker, and casino games under the Crystalbet brands, as well as Gamebookers, a full-service sportsbook.

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Analyst Recommendations for Entain (LON:ENT)

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