Entain (LON:ENT) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Entain (LON:ENT) in a research note published on Thursday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 1,089 ($13.56) price objective on the stock.

A number of other research analysts have also issued reports on the stock. Shore Capital reiterated a buy rating on shares of Entain in a report on Wednesday. Barclays lowered shares of Entain to an equal weight rating and lowered their price target for the stock from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a report on Tuesday, February 6th. Berenberg Bank lowered their price target 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. Finally, Jefferies Financial Group restated a buy rating and set a GBX 1,140 ($14.19) price target on shares of Entain in a report on Friday, April 12th. One investment 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of GBX 1,143.17 ($14.23).

Entain Stock Down 0.5 %

Shares of LON ENT opened at GBX 820.44 ($10.21) on Thursday. The company has a 50 day simple moving average of GBX 838.44 and a 200 day simple moving average of GBX 895.19. The firm has a market cap of £5.24 billion, a PE ratio of -579.29, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. Entain has a 1 year low of GBX 718.20 ($8.94) and a 1 year high of GBX 1,516.50 ($18.88). The company has a debt-to-equity ratio of 134.33, a current ratio of 0.56 and a quick ratio of 0.74.

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 given a GBX 8.90 ($0.11) dividend. This represents a yield of 1.07%. The ex-dividend date is Thursday, March 14th. Entain’s payout ratio is currently -1,276.60%.

Insider Activity at Entain

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 acquired 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.