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

Entain Plc (LON:ENT – Get a rating) received an average “Buy” recommendation from the nine brokerages that currently cover the business, MarketBeat reports. Nine equity research analysts rated the stock with a buy rating. The 12-month average price target among brokers who updated their coverage on the stock in the last year is 2,203.50 GBX ($26.63).

Several equity research analysts have recently released reports on the stock. Shore Capital reiterated a “buy” rating on Entain shares in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a price target of 1,871 GBX ($22.61) on Entain shares in a Friday, August 12 research report. Berenberg Bank raised its price target on Entain shares from 1,950 GBX ($23.56) to 2,000 GBX ($24.17) and gave the company a “buy” rating in a research report Wednesday, August 24. Barclays reiterated an “overweight” rating and set a price target of 1,950 GBX ($23.56) on Entain shares in a Friday, August 12 research report. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on Entain shares in a Friday, July 15 report.

Entain Trading up 0.6%

Entain shares opened at 1,152.50 GBX ($13.93) on Friday. The stock has a market capitalization of £6.79 billion and a P/E ratio of 3,187.50. The company has a debt ratio of 81.03, a current ratio of 0.81 and a quick ratio of 0.74. Entain has a 1-year minimum of 994.60 GBX ($12.02) and a 1-year maximum of 2,211 GBX ($26.72). The company’s 50-day rolling average price is 1,233.28 GBX and its 200-day rolling average price is 1,336.93 GBX.

Entain Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, September 22. Investors of record on Thursday, August 18 received a dividend of 8.50 GBX ($0.10). This represents a dividend yield of 0.65%. The ex-dividend date was Thursday, August 18.

Company Profile

(Get a rating)

Entain PLC operates as a sports betting and gaming company. The company provides online betting, casino, poker and bingo services via mobile and web under bwin; online and multi-channel betting under the Ladbrokes; street and online bets under the coral; sports betting, casino, gambling and poker under Sportingbet; access to online bingo, sports betting, casino and poker under Betboo; and sports betting, poker and casino games under the Crystalbet brands, as well as Gamebookers, a full-service bookmaker.

Recommended Stories

Analyst Recommendations for Entain (LON:ENT)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Entain, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes big…and Entain wasn’t on the list.

Although Entain currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here