Entain’s (ENT) Buy Rating Reaffirmed at Shore Capital

Shore Capital restated their buy rating on shares of Entain (LON:ENT) in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group reissued a buy rating and issued a GBX 1,140 ($14.19) target price on shares of Entain in a report on Friday, April 12th. Barclays lowered shares of Entain to an equal weight rating and dropped their price objective for the company from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a report on Tuesday, February 6th. Finally, Berenberg Bank dropped their price objective on shares of Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a buy rating for the company in a report on Friday, March 22nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of GBX 1,232.67 ($15.35).

Entain Stock Down 0.0 %

ENT stock opened at GBX 814 ($10.13) on Wednesday. The stock has a market capitalization of £5.20 billion, a P/E ratio of -575.89, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. The company has a current ratio of 0.56, a quick ratio of 0.74 and a debt-to-equity ratio of 134.33. Entain has a 12 month low of GBX 718.20 ($8.94) and a 12 month high of GBX 1,516.50 ($18.88). The firm has a 50-day moving average price of GBX 841.69 and a 200-day moving average price of GBX 895.68.

Entain Announces Dividend

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

Insiders Place Their Bets

In other news, insider Stella David purchased 65,000 shares of the stock in a transaction on Monday, March 11th. The stock was purchased at an average price of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). Company insiders own 0.19% of the company’s stock.

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.