Flutter Entertainment (LON:FLTR) Receives “Hold” Rating from Shore Capital

Flutter Entertainment (LON:FLTRGet Rating)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a research report issued on Wednesday, Marketbeat.com reports.

FLTR has been the topic of several other research reports. Jefferies Financial Group set a £155 ($193.63) target price on Flutter Entertainment in a research note on Tuesday, March 8th. Berenberg Bank lowered their target price on shares of Flutter Entertainment from £155 ($193.63) to £138 ($172.39) and set a “buy” rating on the stock in a report on Wednesday, March 16th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Flutter Entertainment from £156.74 ($195.80) to £134.50 ($168.02) and set a “buy” rating for the company in a research note on Wednesday, March 2nd. Royal Bank of Canada set a £158 ($197.38) price target on shares of Flutter Entertainment in a research note on Tuesday, January 18th. Finally, The Goldman Sachs Group set a £149 ($186.13) price objective on Flutter Entertainment in a research report on Monday, March 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Flutter Entertainment currently has a consensus rating of “Buy” and a consensus target price of £147.53 ($184.30).

LON:FLTR opened at GBX 8,827 ($110.27) on Wednesday. The business’s 50-day simple moving average is GBX 8,776.33 and its two-hundred day simple moving average is £106.28. Flutter Entertainment has a 52 week low of GBX 7,600 ($94.94) and a 52 week high of £162.75 ($203.31). The stock has a market cap of £15.51 billion and a PE ratio of -37.22. The company has a quick ratio of 0.52, a current ratio of 0.95 and a debt-to-equity ratio of 37.82.

Flutter Entertainment Company Profile (Get Rating)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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