Entain (LON:ENT) Stock Price Up 1.8% - Time to Buy?

Entain Plc (LON:ENT - Get Free Report)'s stock price rose 1.8% on Wednesday . The stock traded as high as GBX 827.80 ($11.10) and last traded at GBX 826.40 ($11.08). Approximately 2,015,206 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 4,986,802 shares. The stock had previously closed at GBX 812 ($10.88).Analysts Set New Price TargetsENT has been the topic of several recent analyst reports. Shore Capital reiterated a "buy" rating on shares of Entain in a report on Tuesday, August 12th. Peel Hunt reiterated a "buy" rating and issued a GBX 1,100 target price on shares of Entain in a report on Tuesday, July 29th. JPMorgan Chase & Co. boosted their target price on shares of Entain from GBX 1,040 to GBX 1,110 and gave the company a "neutral" rating in a report on Wednesday, August 13th. Citigroup boosted their target price on shares of Entain from GBX 1,250 to GBX 1,300 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, Berenberg Bank boosted their target price on shares of Entain from GBX 1,200 to GBX 1,400 and gave the company a "buy" rating in a report on Monday, September 15th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Entain presently has an average rating of "Moderate Buy" and an average target price of GBX 1,210.View Our Latest Report on ENTEntain Stock Up 1.8%The business's 50 day moving average price is GBX 891.04 and its 200-day moving average price is GBX 798.83. The firm has a market capitalization of £5.29 billion, a PE ratio of -962.05, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 188.61, a quick ratio of 0.74 and a current ratio of 0.82. Insider ActivityIn related news, insider Ricky Sandler sold 1,059,998 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of GBX 872, for a total transaction of £9,243,182.56. Company insiders own 7.36% of the company's stock. 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.Featured ArticlesFive stocks we like better than EntainHow to Use the MarketBeat Dividend CalculatorLowe’s vs. Home Depot: Which Benefits More From Lower Rates?What Are Dividends? Buy the Best Dividend StocksThese 5 Beaten-Down Tech Stocks Could Catch Fire NextWhat Does a Stock Split Mean? Falcon Flex Drives Growth as CrowdStrike Bets on AI SecurityThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Entain Right Now?Before you consider Entain, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Entain wasn't on the list.While Entain currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here