Entain (ENT)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

818.20p
   
  • Change Today:
      34.00p
  • 52 Week High: 1,492.50
  • 52 Week Low: 734.80
  • Currency: UK Pounds
  • Shares Issued: 638.96m
  • Volume: 2,250,229
  • Market Cap: £5,228m
  • RiskGrade: 260

Barclays downgrades Entain to 'equalweight'

By Michele Maatouk

Date: Tuesday 06 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Barclays downgraded Entain on Tuesday to 'equalweight' from 'overweight' and cut the price target to 1,070p from 1,120p, as it said "the recovery is not straightforward".
"For the stock to work we think it needs Online to return to market growth rates or better and US share to stabilise (and grow)," Barclays said, adding that "neither are a given".

The bank said there is little free cash flow and high leverage restricts M&A.

"A new CEO could address the balance sheet," it said.

"The stock appears cheap but risk-reward is fairly balanced here so we downgrade to EW."

At 0935 GMT, the shares were down 1.8% at 971.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Entain Market Data

Currency UK Pounds
Share Price 818.20p
Change Today 34.00p
% Change 4.34 %
52 Week High 1,492.50
52 Week Low 734.80
Volume 2,250,229
Shares Issued 638.96m
Market Cap £5,228m
RiskGrade 260

Entain Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.82% below the market average11.82% below the market average11.82% below the market average11.82% below the market average11.82% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Trend
75.66% above the market average75.66% above the market average75.66% above the market average75.66% above the market average75.66% above the market average
67.27% below the sector average67.27% below the sector average67.27% below the sector average67.27% below the sector average67.27% below the sector average
Income
33.42% below the market average33.42% below the market average33.42% below the market average33.42% below the market average33.42% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
75.74% above the market average75.74% above the market average75.74% above the market average75.74% above the market average75.74% above the market average
96.23% below the sector average96.23% below the sector average96.23% below the sector average96.23% below the sector average96.23% below the sector average

What The Brokers Say

Strong Buy 7
Buy 6
Neutral 6
Sell 1
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Entain Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 14-Mar-24 17-Aug-23
Paid 26-Apr-24 22-Sep-23
Amount 8.90p 8.90p

Trades for 29-Apr-2024

Time Volume / Share Price
10:09 2,548 @ 785.60p
15:29 10 @ 800.40p
15:29 20 @ 800.40p
16:35 620,321 @ 818.20p
16:35 2 @ 818.20p

Entain Key Personnel

CFO Rob Wood

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