Entain (LON:ENT) Earns Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Entain (LON:ENT) in a report published on Wednesday morning, Digital Look reports. They currently have a GBX 1,140 ($14.19) price objective on the stock.

Several other research firms also recently weighed in on ENT. Jefferies Financial Group reiterated a buy rating and set a GBX 1,140 ($14.19) price target on shares of Entain in a research note on Friday, April 12th. Shore Capital reiterated a buy rating on shares of Entain in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a buy rating and set a GBX 1,089 ($13.56) price target on shares of Entain in a research note on Thursday. Finally, Barclays downgraded Entain to an equal weight rating and lowered their target price for the stock from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research note on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of GBX 1,143.17 ($14.23).

Entain Stock Up 0.2 %

Entain stock opened at GBX 815.80 ($10.16) on Wednesday. The company has a debt-to-equity ratio of 134.33, a quick ratio of 0.74 and a current ratio of 0.56. The business’s 50-day simple moving average is GBX 841.69 and its two-hundred day simple moving average is GBX 895.68. The company has a market cap of £5.21 billion, a PE ratio of -581.28, a PEG ratio of 0.92 and a beta of 1.29. Entain has a fifty-two week low of GBX 718.20 ($8.94) and a fifty-two week high of GBX 1,516.50 ($18.88).

Entain Dividend Announcement

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

Insider Buying and Selling

In other Entain news, insider Stella David purchased 65,000 shares of Entain stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average price of GBX 736 ($9.16) per share, with a total value of £478,400 ($595,543.38). 0.19% of the stock is currently owned by insiders.

Entain Company Profile

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.