Brokerages Set Entain Plc (LON:ENT) Price Target at GBX 1,143.17

Shares of Entain Plc (LON:ENT) have received an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 1,143.17 ($14.95).

A number of equities research analysts have recently issued reports on ENT shares. Shore Capital reiterated a “buy” rating on shares of Entain in a research report on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($14.91) price target on shares of Entain in a research report on Monday, June 24th.

Insider Buying and Selling

In related news, insider Ricky Sandler acquired 555,333 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of GBX 580 ($7.58) per share, for a total transaction of £3,220,931.40 ($4,212,019.62). Insiders own 0.22% of the company’s stock.

Entain Price Performance

Shares of ENT opened at GBX 679 ($8.88) on Friday. Entain has a twelve month low of GBX 498.50 ($6.52) and a twelve month high of GBX 1,183 ($15.47). The stock’s 50 day moving average is GBX 623.28 and its two-hundred day moving average is GBX 712.62. The firm has a market capitalization of £4.34 billion, a PE ratio of -1,060.72, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a current ratio of 0.67, a quick ratio of 0.74 and a debt-to-equity ratio of 154.96.

Entain Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 9.30 ($0.12) per share. This represents a dividend yield of 1.78%. This is an increase from Entain’s previous dividend of $8.90. The ex-dividend date is Thursday, August 15th. Entain’s dividend payout ratio (DPR) is presently -2,968.75%.

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.