Flutter Entertainment plc (OTCMKTS:PDYPY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Flutter Entertainment plc (OTCMKTS:PDYPYGet Rating) have received an average recommendation of “Buy” from the fifteen brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and twelve have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $15,563.33.

PDYPY has been the topic of several recent analyst reports. Citigroup upgraded Flutter Entertainment from a “sell” rating to a “buy” rating in a research note on Tuesday, January 11th. JPMorgan Chase & Co. cut their target price on Flutter Entertainment from £170.10 ($209.72) to £159.90 ($197.14) in a report on Wednesday, March 2nd. Berenberg Bank dropped their price objective on Flutter Entertainment from £155 ($191.10) to £138 ($170.14) in a research note on Thursday, March 17th. Morgan Stanley dropped their price objective on Flutter Entertainment from £171 ($210.82) to £169 ($208.36) and set an “overweight” rating on the stock in a research note on Wednesday, January 12th. Finally, Zacks Investment Research downgraded Flutter Entertainment from a “buy” rating to a “strong sell” rating in a research note on Friday, March 11th.

Shares of OTCMKTS PDYPY opened at $49.22 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $56.22 and its 200-day moving average is $69.54. Flutter Entertainment has a 1-year low of $48.89 and a 1-year high of $108.90.

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.

Further Reading

Analyst Recommendations for Flutter Entertainment (OTCMKTS:PDYPY)

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