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.
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.
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