Flutter Entertainment plc (LON:FLTR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Flutter Entertainment plc (LON:FLTRGet Rating) has been given a consensus recommendation of “Moderate Buy” by the twelve ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is £144.12 ($174.14).

Several research analysts have weighed in on FLTR shares. Jefferies Financial Group set a £129 ($155.87) price target on Flutter Entertainment in a research note on Tuesday, July 5th. Berenberg Bank set a £138 ($166.75) price target on Flutter Entertainment in a research note on Tuesday, August 23rd. Shore Capital restated a “hold” rating on shares of Flutter Entertainment in a research note on Friday, August 12th. Barclays set a £138 ($166.75) price target on Flutter Entertainment in a research note on Thursday, September 8th. Finally, JPMorgan Chase & Co. upped their price target on Flutter Entertainment from £126 ($152.25) to £128 ($154.66) and gave the stock an “overweight” rating in a research note on Monday, August 15th.

Flutter Entertainment Trading Down 0.7 %

Flutter Entertainment stock opened at £103.20 ($124.70) on Monday. The firm has a 50 day moving average of GBX 9,414.76 and a 200 day moving average of GBX 8,935.28. The firm has a market capitalization of £18.15 billion and a price-to-earnings ratio of -43.64. Flutter Entertainment has a 12-month low of GBX 7,340 ($88.69) and a 12-month high of £162.75 ($196.65). The company has a current ratio of 0.81, a quick ratio of 0.70 and a debt-to-equity ratio of 42.18.

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 (LON:FLTR)

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