Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Entain (LON:ENT)

Entain (LON:ENT)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Digital Look reports. They currently have a GBX 1,089 ($13.56) price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 33.19% from the stock’s current price.

Several other research analysts have also recently weighed in on the company. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($14.19) price objective on shares of Entain in a research report on Friday, April 12th. Shore Capital reiterated a “buy” rating on shares of Entain in a research report on Wednesday. Barclays cut Entain to an “equal weight” rating and lowered their price objective for the stock from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research report on Tuesday, February 6th. Finally, Berenberg Bank reduced their price objective on Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a “buy” rating on the stock in a research note on Friday, March 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,143.17 ($14.23).

Entain Trading Up 0.4 %

LON ENT opened at GBX 817.60 ($10.18) on Thursday. The company has a market cap of £5.22 billion, a PE ratio of -579.86, a PEG ratio of 0.92 and a beta of 1.29. The company has a current ratio of 0.56, a quick ratio of 0.74 and a debt-to-equity ratio of 134.33. Entain has a 12 month low of GBX 718.20 ($8.94) and a 12 month high of GBX 1,516.50 ($18.88). The stock has a 50 day moving average of GBX 841.69 and a 200-day moving average of GBX 895.68.

Insiders Place Their Bets

In other Entain news, insider Stella David bought 65,000 shares of the stock in a transaction on Monday, March 11th. The stock was acquired at an average cost of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). 0.19% of the stock is currently owned by corporate insiders.

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.