Entain Plc (LON:ENT) Receives GBX 1,029.80 Consensus Price Target from Analysts

Shares of Entain Plc (LON:ENT) have earned a consensus rating of “Hold” from the seven analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,029.80 ($13.48).

Several brokerages have commented on ENT. Shore Capital restated a “buy” rating on shares of Entain in a report on Monday, September 9th. Berenberg Bank raised their target price on shares of Entain from GBX 1,020 ($13.35) to GBX 1,030 ($13.48) and gave the stock a “buy” rating in a report on Tuesday, September 17th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Entain in a report on Wednesday, September 11th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 1,140 ($14.92) target price on shares of Entain in a report on Monday, June 24th.

Insider Activity

In other news, insider Ricky Sandler bought 555,333 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average cost of GBX 580 ($7.59) per share, with a total value of £3,220,931.40 ($4,215,327.05). In other news, insider Amanda Brown bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average cost of GBX 741 ($9.70) per share, with a total value of £74,100 ($96,976.84). Also, insider Ricky Sandler bought 555,333 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of GBX 580 ($7.59) per share, with a total value of £3,220,931.40 ($4,215,327.05). 0.26% of the stock is owned by corporate insiders.

Entain Stock Performance

Shares of ENT stock opened at GBX 764.20 ($10.00) on Tuesday. The company has a debt-to-equity ratio of 154.96, a quick ratio of 0.74 and a current ratio of 0.67. The company has a market capitalization of £4.89 billion, a P/E ratio of -1,197.81, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company’s 50 day moving average price is GBX 660.83 and its two-hundred day moving average price is GBX 703.42. Entain has a 52 week low of GBX 498.50 ($6.52) and a 52 week high of GBX 1,034 ($13.53).

Entain Increases Dividend

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

Entain Company Profile

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.