Entain Plc (LON:ENT) Receives GBX 1,143.17 Consensus PT from Analysts

Entain Plc (LON:ENT) has received an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,143.17 ($14.36).

Several research analysts have issued reports on ENT shares. Berenberg Bank reissued a “buy” rating and issued a GBX 1,140 ($14.32) target price on shares of Entain in a research report on Wednesday, April 17th. Shore Capital reissued a “buy” rating on shares of Entain in a report on Wednesday, April 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.32) price target on shares of Entain in a research report on Friday, April 12th. Barclays downgraded shares of Entain to an “equal weight” rating and cut their price objective for the company from GBX 1,120 ($14.07) to GBX 1,070 ($13.44) in a research report on Tuesday, February 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,089 ($13.68) target price on shares of Entain in a report on Thursday, April 18th.

Insider Buying and Selling at Entain

In other Entain news, insider Stella David acquired 65,000 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was purchased at an average price of GBX 736 ($9.25) per share, with a total value of £478,400 ($601,005.03). In related news, insider Ricky Sandler sold 372,417 shares of the firm’s stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of GBX 785 ($9.86), for a total transaction of £2,923,473.45 ($3,672,705.34). Also, insider Stella David purchased 65,000 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was bought at an average price of GBX 736 ($9.25) per share, for a total transaction of £478,400 ($601,005.03). Insiders own 0.19% of the company’s stock.

Entain Price Performance

LON ENT opened at GBX 772.40 ($9.70) on Friday. The company has a debt-to-equity ratio of 134.33, a current ratio of 0.56 and a quick ratio of 0.74. Entain has a 1-year low of GBX 718.20 ($9.02) and a 1-year high of GBX 1,516.50 ($19.05). The stock has a market capitalization of £4.93 billion, a price-to-earnings ratio of -552.62, a PEG ratio of 0.92 and a beta of 1.29. The business’s fifty day moving average price is GBX 804.17 and its 200-day moving average price is GBX 882.52.

Entain Announces Dividend

The company also recently announced a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 14th were issued a GBX 8.90 ($0.11) dividend. This represents a yield of 1.07%. The ex-dividend date of this dividend was Thursday, March 14th. Entain’s dividend payout ratio is currently -1,276.60%.

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.