Entain (ENT)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

784.00p
   
  • Change Today:
      0.20p
  • 52 Week High: 1,486.50
  • 52 Week Low: 734.80
  • Currency: UK Pounds
  • Shares Issued: 638.96m
  • Volume: 1,101,768
  • Market Cap: £5,009m
  • 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 784.00p
Change Today 0.20p
% Change 0.03 %
52 Week High 1,486.50
52 Week Low 734.80
Volume 1,101,768
Shares Issued 638.96m
Market Cap £5,009m
RiskGrade 260

Entain Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average
21.57% below the sector average21.57% below the sector average21.57% below the sector average21.57% below the sector average21.57% below the sector average
Price Trend
74.34% above the market average74.34% above the market average74.34% above the market average74.34% above the market average74.34% above the market average
64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average
Income
32.83% below the market average32.83% below the market average32.83% below the market average32.83% below the market average32.83% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
76.03% above the market average76.03% above the market average76.03% above the market average76.03% above the market average76.03% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% 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 15-May-2024

Time Volume / Share Price
16:47 9,980 @ 783.24p
16:38 11,822 @ 784.00p
16:35 582,284 @ 784.00p
16:35 751 @ 784.00p
16:35 1,810 @ 784.00p

Entain Key Personnel

CFO Rob Wood

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