Entain (LON:ENT) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Entain (LON:ENT) in a research report report published on Wednesday morning, Marketbeat reports. The firm currently has a GBX 1,000 price objective on the stock.

A number of other equities analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Entain from GBX 1,055 to GBX 1,028 and set a “buy” rating on the stock in a research note on Wednesday. Berenberg Bank restated a “buy” rating and issued a GBX 1,200 target price on shares of Entain in a research note on Monday, March 30th. Shore Capital Group reiterated a “buy” rating on shares of Entain in a report on Thursday, March 5th. Finally, Citigroup cut their price objective on Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a report on Tuesday, March 10th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat, Entain has an average rating of “Buy” and an average target price of GBX 1,028.

Entain Price Performance

Shares of LON ENT opened at GBX 611.22 on Wednesday. The firm has a market capitalization of £3.91 billion, a P/E ratio of -5.86, a P/E/G ratio of 0.92 and a beta of 0.82. The company has a quick ratio of 0.74, a current ratio of 0.52 and a debt-to-equity ratio of 448.61. The stock’s 50-day simple moving average is GBX 571.39 and its two-hundred day simple moving average is GBX 691.96. Entain has a twelve month low of GBX 520 and a twelve month high of GBX 1,031.50.

Key Entain News

Here are the key news stories impacting Entain this week:

• Positive Sentiment: Multiple brokers reaffirmed buy ratings and high price targets (supporting upside sentiment): Peel Hunt reaffirmed buy with a GBX 750 target. Peel Hunt reaffirms buy (GBX 750)
• Positive Sentiment: Deutsche Bank trimmed its price target slightly (GBX 1,055 ? GBX 1,028) but kept a buy rating, which helps underpin investor confidence. Deutsche Bank lowers price target to GBX 1,028
• Positive Sentiment: Jefferies reaffirmed a buy rating with a GBX 1,000 target, adding further broker support for the stock. Jefferies reaffirms buy (GBX 1,000)
• Positive Sentiment: Operationally, BetMGM reported strong iGaming growth in Q1 (iGaming growth outpacing online sports betting), highlighting a growth area for Entain’s JV exposure. BetMGM sees iGaming revenue growth double the pace of online sports betting in Q1 (MSN)
• Neutral Sentiment: Barclays maintained a hold rating on Entain, reflecting mixed views among brokers and tempering a unanimous buy consensus. Barclays keeps hold rating on Entain
• Neutral Sentiment: Coverage notes that analysts are resetting price targets and the overall investment story for Entain as JV risks and regulatory/market factors are re?priced. Analysts reset price targets (Yahoo)
• Neutral Sentiment: Broader commentary questions whether recent sector/prediction-market weakness is overdone, which may moderate volatility in Entain shares. Is the bookies’ prediction market sell-off overdone? (Investors Chronicle)
• Negative Sentiment: Material downside: Entain’s US JV, BetMGM, cut full?year guidance — a direct headwind to Entain’s US earnings exposure and a likely driver of downward revisions to forecasts. BetMGM cuts full-year guidance (Sharecast)
• Negative Sentiment: BetMGM warned FY26 EBITDA could sit at the lower end of expectations despite Q1 revenue growth, signaling margin/earnings pressure for the JV. BetMGM expects FY EBITDA in lower end of expectations (SBCNews)
• Negative Sentiment: Entain itself lowered its BetMGM revenue view, citing punter?friendly sports results — a sign management now models weaker top?line contribution from the JV. Entain lowers BetMGM revenue view (LSE)

About Entain

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.