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

Jefferies Financial Group restated their buy rating on shares of Entain (LON:ENT) in a report published on Monday,Digital Look reports. Jefferies Financial Group currently has a GBX 1,000 target price on the stock.

Several other research firms have also recently commented on ENT. Peel Hunt restated a “buy” rating and set a GBX 750 price target on shares of Entain in a report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their target price on Entain from GBX 1,040 to GBX 1,025 and set an “overweight” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,028 price target on shares of Entain in a research report on Friday, June 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 price objective on shares of Entain in a research report on Wednesday, June 3rd. Finally, Shore Capital Group reaffirmed a “buy” rating and set a GBX 988 target price on shares of Entain in a research report on Friday, June 26th. Seven research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 1,013.

Entain Price Performance

ENT stock opened at GBX 530.79 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. Entain has a one year low of GBX 500.40 and a one year high of GBX 1,031.50. The firm has a market capitalization of £3.40 billion, a PE ratio of -5.09, a P/E/G ratio of 0.92 and a beta of 0.77. The firm has a 50-day moving average of GBX 554.18 and a two-hundred day moving average of GBX 602.99.

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.