Key Points
- Entain insider Michael Snape purchased 51,815 shares at GBX 482 each, investing a total of £249,748.30.
- Entain shares were trading at GBX 478.97, near the lower end of their one-year range of GBX 459.40 to GBX 915.60; the company has a £3.07 billion market capitalization.
- Analysts remain broadly bullish, with seven Buy ratings, a consensus “Buy” rating, and an average price target of GBX 992.43.
Entain Plc (LON:ENT - Get Free Report) insider Michael Snape bought 51,815 shares of the firm's stock in a transaction dated Friday, September 18th. The shares were acquired at an average cost of GBX 482 per share, with a total value of £249,748.30.
Entain Trading Up 0.5%
LON ENT opened at GBX 478.97 on Tuesday. The business's fifty day moving average is GBX 533.74 and its 200-day moving average is GBX 550.63. The company has a debt-to-equity ratio of 497.51, a current ratio of 1.01 and a quick ratio of 0.74. The stock has a market capitalization of £3.07 billion, a price-to-earnings ratio of -5.29, a PEG ratio of 0.92 and a beta of 0.76. Entain Plc has a one year low of GBX 459.40 and a one year high of GBX 915.60.
Analyst Ratings Changes
A number of research analysts have recently weighed in on ENT shares. Berenberg Bank reissued a "buy" rating and set a GBX 1,145 target price on shares of Entain in a research report on Monday, September 14th. Shore Capital Group reaffirmed a "buy" rating and issued a GBX 988 price target on shares of Entain in a report on Friday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 1,000 price objective on shares of Entain in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft decreased their target price on Entain from GBX 950 to GBX 914 and set a "buy" rating for the company in a research report on Monday, August 17th. Finally, JPMorgan Chase & Co. boosted their target price on Entain from GBX 1,025 to GBX 1,050 and gave the company an "overweight" rating in a research note on Monday, August 17th. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of GBX 992.43.
Check Out Our Latest Analysis on ENT
About Entain
(
Get Free Report)
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.
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