Flutter Entertainment (NYSE:FLUT) Now Covered by Analysts at Oppenheimer

Oppenheimer initiated coverage on shares of Flutter Entertainment (NYSE:FLUTFree Report) in a research note released on Tuesday, Marketbeat reports. The brokerage issued an outperform rating and a $240.00 price target on the stock.

A number of other brokerages also recently weighed in on FLUT. Wells Fargo & Company reaffirmed an equal weight rating and set a $210.00 target price on shares of Flutter Entertainment in a research note on Wednesday, May 15th. JMP Securities reissued a market outperform rating and set a $246.00 price target on shares of Flutter Entertainment in a research report on Wednesday, May 15th. Benchmark reissued a buy rating and set a $255.00 price target on shares of Flutter Entertainment in a research report on Wednesday, May 15th. Barclays raised shares of Flutter Entertainment from an equal weight rating to an overweight rating in a research report on Tuesday, February 27th. Finally, Moffett Nathanson initiated coverage on shares of Flutter Entertainment in a research report on Monday, May 6th. They set a buy rating and a $240.00 price target for the company. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Flutter Entertainment has an average rating of Moderate Buy and an average target price of $5,464.10.

View Our Latest Stock Analysis on FLUT

Flutter Entertainment Price Performance

FLUT stock opened at $191.65 on Tuesday. Flutter Entertainment has a 1 year low of $148.00 and a 1 year high of $226.40. The firm has a 50-day moving average of $195.43 and a 200 day moving average of $151.21.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FLUT. Capital World Investors acquired a new position in Flutter Entertainment during the 1st quarter valued at approximately $2,880,796,000. Capital Research Global Investors acquired a new position in Flutter Entertainment during the 1st quarter valued at approximately $2,418,032,000. Vanguard Group Inc. acquired a new position in Flutter Entertainment during the 1st quarter valued at approximately $1,578,442,000. Capital International Investors acquired a new position in Flutter Entertainment during the 1st quarter valued at approximately $507,170,000. Finally, Swiss National Bank acquired a new position in Flutter Entertainment during the 1st quarter valued at approximately $119,485,000. Institutional investors own 0.01% of the company’s stock.

Flutter Entertainment Company Profile

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Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

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Analyst Recommendations for Flutter Entertainment (NYSE:FLUT)

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