Entain PLC 24.0% potential upside indicated by Barclays

Broker Ratings
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Entain PLC with ticker (LON:ENT) now has a potential upside of 24.0% according to Barclays.



Barclays set a target price of 1,450 GBX for the company, which when compared to the Entain PLC share price of 1,169 GBX at opening today (22/08/2023) indicates a potential upside of 24.0%. Trading has ranged between 1,045 (52 week low) and 1,597 (52 week high) with an average of 3,066,013 shares exchanging hands daily. The market capitalisation at the time of writing is £7,460,925,872.

Entain plc is an international sports-betting and gaming company operating both online and in the retail sector. The Company operates through five segments: Online, Retail, New opportunities, Corporate, and Other segments. The Online segment comprises betting and gaming activities from online and mobile operations. Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Sportingbet, SuperSport, and Sport Interaction; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino, Optibet, and Ninja. The Retail segment comprises betting and retail activities in the shop estates in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium, Italy, and Croatia. The New opportunities segment include unikrn and innovation spend. The Other segments include activities primarily related to telephone betting, Stadia and on-course pitches. It is licensed and operates in more than 20 countries, across five continents around the globe.



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    Entain plc reports strong Q3 2024 performance, with an 8% increase in Net Gaming Revenue and upgraded FY24 guidance, driven by robust online growth.
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