Shore Capital reissued their buy rating on shares of Entain (LON:ENT – Free Report) in a research report released on Monday morning, Marketbeat reports.
Several other brokerages have also weighed in on ENT. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 1,089 ($13.90) target price on shares of Entain in a research report on Thursday, April 18th. Jefferies Financial Group restated a buy rating and issued a GBX 1,140 ($14.56) target price on shares of Entain in a research report on Monday, June 24th. Finally, Berenberg Bank reaffirmed a buy rating and set a GBX 1,140 ($14.56) price target on shares of Entain in a report on Wednesday, April 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of GBX 1,143.17 ($14.60).
View Our Latest Stock Analysis on ENT
Entain Stock Up 2.2 %
Entain Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 9.30 ($0.12) per share. This is an increase from Entain’s previous dividend of $8.90. This represents a yield of 1.78%. The ex-dividend date of this dividend is Thursday, August 15th. Entain’s payout ratio is -1,276.60%.
Insider Transactions at Entain
In related news, insider J M. Barry Gibson acquired 5,066 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were purchased at an average cost of GBX 687 ($8.77) per share, with a total value of £34,803.42 ($44,437.46). In other Entain news, insider Ricky Sandler bought 555,333 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average cost of GBX 580 ($7.41) per share, with a total value of £3,220,931.40 ($4,112,527.32). Also, insider J M. Barry Gibson purchased 5,066 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were acquired at an average price of GBX 687 ($8.77) per share, for a total transaction of £34,803.42 ($44,437.46). 0.22% of the stock is currently owned by insiders.
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.
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