Entain (LON:ENT) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Entain (LON:ENT) to an overweight rating in a research report sent to investors on Tuesday, Marketbeat reports. They currently have GBX 1,090 price target on the stock, down from their prior price target of GBX 1,150.

Several other brokerages have also weighed in on ENT. Shore Capital reissued a “buy” rating on shares of Entain in a research report on Wednesday, October 15th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,100 price target on shares of Entain in a research note on Wednesday, October 15th. Citigroup cut their price objective on shares of Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating for the company in a research report on Thursday, November 27th. Finally, Berenberg Bank reduced their price target on Entain from GBX 1,400 to GBX 1,200 and set a “buy” rating for the company in a research note on Thursday, November 27th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,136.

Entain Stock Up 0.1%

ENT opened at GBX 786.80 on Tuesday. The stock’s fifty day simple moving average is GBX 792.32 and its 200 day simple moving average is GBX 846.08. Entain has a 1-year low of GBX 452.50 and a 1-year high of GBX 1,031.50. The stock has a market cap of £5.03 billion, a PE ratio of -9.16, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61.

Insider Buying and Selling at Entain

In other news, insider Ricky Sandler sold 485,188 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of GBX 787, for a total transaction of £3,818,429.56. Company insiders own 7.42% of the company’s stock.

About Entain

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.