Key Points
- Entain insider Michael Snape bought 24,013 shares at GBX 416 each, worth approximately £99,894, on October 1. He previously purchased 51,815 shares for about £249,748 on September 18.
- Entain shares opened at GBX 413.40, near their 12-month low of GBX 405.41, and are down significantly from the 12-month high of GBX 879.80.
- Analysts remain broadly bullish, with seven Buy ratings, an average rating of “Buy,” and an average price target of GBX 986.43 versus the current share price.
Entain Plc (LON:ENT - Get Free Report) insider Michael Snape purchased 24,013 shares of the stock in a transaction dated Thursday, October 1st. The shares were acquired at an average price of GBX 416 per share, with a total value of £99,894.08.
Michael Snape also recently made the following trade(s):
- On Friday, September 18th, Michael Snape acquired 51,815 shares of Entain stock. The stock was bought at an average price of GBX 482 per share, for a total transaction of £249,748.30.
Entain Trading Up 0.6%
LON ENT opened at GBX 413.40 on Friday. The firm's 50-day moving average is GBX 512.60 and its two-hundred day moving average is GBX 542.30. Entain Plc has a 12 month low of GBX 405.41 and a 12 month high of GBX 879.80. 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 £2.65 billion, a P/E ratio of -4.57, a PEG ratio of 0.92 and a beta of 0.76.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Shore Capital Group reaffirmed a "buy" rating and set a GBX 988 price objective on shares of Entain in a research report on Friday, September 18th. JPMorgan Chase & Co. upped their price target on Entain from GBX 1,025 to GBX 1,050 and gave the stock an "overweight" rating in a research note on Monday, August 17th. Jefferies Financial Group restated a "buy" rating and set a GBX 1,000 price target on shares of Entain in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on Entain from GBX 914 to GBX 872 and set a "buy" rating for the company in a research note on Wednesday. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,145 price objective on shares of Entain in a report on Monday, September 14th. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 986.43.
View Our Latest Analysis on ENT
Entain Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
