Flutter Entertainment (LON:FLTR) PT Set at £129 by Jefferies Financial Group

Flutter Entertainment (LON:FLTRGet Rating) has been assigned a £129 ($151.59) price target by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price objective would suggest a potential upside of 14.26% from the company’s current price.

A number of other research analysts have also recently weighed in on the company. Berenberg Bank set a £138 ($162.16) target price on Flutter Entertainment in a report on Tuesday, August 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a £151.47 ($177.99) target price on shares of Flutter Entertainment in a research report on Thursday, November 10th. JPMorgan Chase & Co. set a £136 ($159.81) price objective on Flutter Entertainment in a report on Wednesday, November 9th. UBS Group set a £138 ($162.16) price objective on Flutter Entertainment in a report on Monday, November 7th. Finally, Citigroup restated a “neutral” rating on shares of Flutter Entertainment in a research note on Wednesday, October 12th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Flutter Entertainment presently has an average rating of “Moderate Buy” and a consensus price target of £143.45 ($168.56).

Flutter Entertainment Stock Performance

LON FLTR opened at £112.90 ($132.67) on Thursday. The company has a debt-to-equity ratio of 42.18, a current ratio of 0.81 and a quick ratio of 0.70. The business has a 50 day moving average price of £107.23 and a 200 day moving average price of GBX 9,570.85. The company has a market capitalization of £19.85 billion and a P/E ratio of -47.74. Flutter Entertainment has a 1-year low of GBX 7,340 ($86.25) and a 1-year high of £121.30 ($142.54).

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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