Entain (LON:ENT) Given New GBX 1,100 Price Target at Berenberg Bank

Entain (LON:ENT - Get Free Report) had its price target lifted by equities researchers at Berenberg Bank from GBX 1,035 ($13.44) to GBX 1,100 ($14.29) in a note issued to investors on Thursday, Marketbeat reports. The brokerage currently has a "buy" rating on the stock. Berenberg Bank's price target points to a potential upside of 67.07% from the stock's current price.

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 1,140 ($14.81) price objective on shares of Entain in a report on Monday, December 16th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Entain presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,109.67 ($14.41).

Entain Trading Up 0.7 %

Entain stock traded up GBX 4.60 ($0.06) during midday trading on Thursday, reaching GBX 658.40 ($8.55). The stock had a trading volume of 208,487,281 shares, compared to its average volume of 9,660,057. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. Entain has a 52-week low of GBX 498.50 ($6.47) and a 52-week high of GBX 861.80 ($11.19). The firm has a market cap of £4.23 billion, a price-to-earnings ratio of -8.98, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company has a fifty day moving average of GBX 698.03 and a 200 day moving average of GBX 720.84.

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Entain Company Profile

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.