Berenberg Bank Increases Entain (LON:ENT) Price Target to GBX 1,030

Entain (LON:ENT) had its target price upped by Berenberg Bank from GBX 1,020 ($13.47) to GBX 1,030 ($13.61) in a report published on Tuesday, Marketbeat reports. They currently have a buy rating on the stock.

ENT has been the subject of a number of other research reports. JPMorgan Chase & Co. restated a neutral rating on shares of Entain in a report on Wednesday, September 11th. Jefferies Financial Group reissued a buy rating and set a GBX 1,140 ($15.06) target price on shares of Entain in a research note on Monday, June 24th. Finally, 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, two have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Entain presently has an average rating of Moderate Buy and a consensus price target of GBX 1,124.83 ($14.86).

Entain Stock Down 2.0 %

Shares of LON ENT opened at GBX 735.20 ($9.71) on Tuesday. Entain has a 1 year low of GBX 498.50 ($6.59) and a 1 year high of GBX 1,101.50 ($14.55). The firm has a 50-day simple moving average of GBX 635.33 and a two-hundred day simple moving average of GBX 706.51. The company has a market cap of £4.70 billion, a P/E ratio of -1,148.75, a PEG ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74.

Entain Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Investors of record on Thursday, August 15th were paid a GBX 9.30 ($0.12) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This is a positive change from Entain’s previous dividend of $8.90. This represents a yield of 1.78%. Entain’s dividend payout ratio is -2,968.75%.

Insider Buying and Selling at Entain

In related news, insider Amanda Brown purchased 10,000 shares of Entain stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of GBX 741 ($9.79) per share, with a total value of £74,100 ($97,886.39). In other Entain news, insider Amanda Brown purchased 10,000 shares of Entain stock in a transaction dated Wednesday, September 18th. The shares were acquired at an average cost of GBX 741 ($9.79) per share, with a total value of £74,100 ($97,886.39). Also, insider Ricky Sandler sold 369,470 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of GBX 707 ($9.34), for a total value of £2,612,152.90 ($3,450,664.33). Insiders own 0.22% 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.