Entain (LON:ENT) Price Target Lowered to GBX 1,010 at Berenberg Bank

Entain (LON:ENT) had its price target cut by Berenberg Bank from GBX 1,030 ($13.41) to GBX 1,010 ($13.15) in a report issued on Thursday, MarketBeat.com reports. They currently have a neutral rating on the stock.

A number of other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Entain in a report on Wednesday, September 11th. Shore Capital reaffirmed a “buy” rating on shares of Entain in a research note on Monday, September 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 1,025.80 ($13.35).

Entain Price Performance

ENT traded up GBX 11 ($0.14) on Thursday, reaching GBX 748 ($9.74). The company had a trading volume of 980,971 shares, compared to its average volume of 3,497,442. Entain has a one year low of GBX 498.50 ($6.49) and a one year high of GBX 1,034 ($13.46). The company has a market capitalization of £4.78 billion, a P/E ratio of -1,168.75, a PEG ratio of 0.92 and a beta of 1.19. The company has a fifty day moving average of GBX 725.23 and a 200-day moving average of GBX 693.71. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96.

Insider Buying and Selling at Entain

In related news, insider Amanda Brown acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of GBX 741 ($9.65) per share, with a total value of £74,100 ($96,459.26). In other news, insider Ricky Sandler acquired 555,333 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of GBX 580 ($7.55) per share, with a total value of £3,220,931.40 ($4,192,829.21). Also, insider Amanda Brown bought 10,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average price of GBX 741 ($9.65) per share, with a total value of £74,100 ($96,459.26). Insiders own 0.26% of the company’s stock.

About Entain

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.