Entain PLC 49.1% potential upside indicated by Citigroup

Broker Ratings

Entain PLC with ticker (LON:ENT) now has a potential upside of 49.1% according to Citigroup.

Citigroup set a target price of 2,700 GBX for the company, which when compared to the Entain PLC share price of 1,375 GBX at opening today (20/05/2022) indicates a potential upside of 49.1%. Trading has ranged between 12 (52 week low) and 1,416 (52 week high) with an average of 3,389,990 shares exchanging hands daily. The market capitalisation at the time of writing is £8,312,638,023.

Entain plc is an Isle of Man-based sports betting, gaming, and interactive entertainment company. The Company offers sports betting, casino, poker and bingo gaming solutions via its technology platform. It operates through four segments: Online, Retail, Corporate and Other segments. Its Online segment comprises betting and gaming activities from online and mobile operations. Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. Its Retail comprises betting and retail activities in the shop estate in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium and Italy. The Corporate segment includes costs associated with Company’s functions including Group executive, legal, Group finance, United States (US) joint venture, tax and treasury. Its Other segments include activities primarily related to telephone betting, Stadia, Betdaq and on course pitches.

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