Entain (LON:ENT) Receives "Buy" Rating from Jefferies Financial Group

Entain (LON:ENT - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Jefferies Financial Group in a report issued on Monday, MarketBeat.com reports. They currently have a GBX 1,140 ($14.46) price target on the stock. Jefferies Financial Group's target price would suggest a potential upside of 49.25% from the company's current price.

A number of other analysts also recently issued reports on ENT. Shore Capital reiterated a "buy" rating on shares of Entain in a report on Monday, September 9th. Berenberg Bank cut their price objective on Entain from GBX 1,030 ($13.07) to GBX 1,010 ($12.81) and set a "neutral" rating for the company in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Entain in a report on Wednesday, September 11th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, Entain presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,077.25 ($13.67).

Entain Stock Down 6.3 %

ENT stock traded down GBX 51.20 ($0.65) during trading hours on Monday, reaching GBX 763.80 ($9.69). 1,727,113 shares of the stock were exchanged, compared to its average volume of 3,267,208. The firm's 50-day moving average is GBX 758.51 and its 200-day moving average is GBX 694.29. Entain has a 12 month low of GBX 498.50 ($6.32) and a 12 month high of GBX 1,034 ($13.12). The company has a market cap of £4.88 billion, a price-to-earnings ratio of -1,193.44, a PEG ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74.

Insiders Place Their Bets

In other Entain news, insider Ricky Sandler sold 4,334,882 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 806 ($10.23), for a total value of £34,939,148.92 ($44,327,770.77). Also, insider Amanda Brown bought 10,000 shares of the company's stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average price of GBX 741 ($9.40) per share, with a total value of £74,100 ($94,011.67). Company insiders own 0.26% of the company's stock.

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.