1030 GMT - Entain's core growth drivers are expected to support medium-term revenue expansion, Peel Hunt analysts Ivor Jones and Douglas Jack write in a note. Its U.K. online division and BetMGM are strategically well positioned, and, alongside a geographically diversified portfolio of smaller markets, should support sustained growth, they say. BetMGM-- the sports-betting company co-owned by MGM Resorts International and Entain-- reported resilient first-quarter performance despite competition from prediction markets, they add. The analysts expect further signs of strategic progress in Entain's upcoming update. The U.K. brokerage raises its stock recommendation to buy from add and lowers its target price to 750 pence from 850 pence. Shares are up 2.3% at 570.60 pence.(najat.kantouar@wsj.com)
(END) Dow Jones Newswires
April 15, 2026 06:31 ET (10:31 GMT)
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