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

Flutter Entertainment plc (LON:FLTRGet Free Report) has earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is £198.72 ($254.61).

A number of research analysts recently issued reports on FLTR shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a £220 ($281.87) price target on shares of Flutter Entertainment in a report on Tuesday, May 28th. JPMorgan Chase & Co. restated an “overweight” rating and issued a £213 ($272.90) price objective on shares of Flutter Entertainment in a research report on Wednesday, May 15th. Berenberg Bank increased their price objective on Flutter Entertainment from £170 ($217.81) to £186 ($238.31) and gave the company a “buy” rating in a research report on Friday, February 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Flutter Entertainment from £171.54 ($219.78) to £175.89 ($225.36) and gave the stock a “buy” rating in a research report on Tuesday, April 16th.

Get Our Latest Stock Report on Flutter Entertainment

Flutter Entertainment Trading Down 1.4 %

Shares of FLTR opened at £146.95 ($188.28) on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.70 and a debt-to-equity ratio of 65.79. The stock has a market cap of £26.09 billion, a PE ratio of -2,516.27, a PEG ratio of 1.76 and a beta of 0.87. Flutter Entertainment has a 1 year low of £120.20 ($154.00) and a 1 year high of £179.80 ($230.37). The stock has a 50 day simple moving average of £154.74 and a 200-day simple moving average of £152.17.

Insider Activity

In other Flutter Entertainment news, insider Peter Jackson sold 21,688 shares of the company’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of £157.85 ($202.24), for a total transaction of £3,423,450.80 ($4,386,227.80). Corporate insiders own 0.08% of the company’s stock.

About Flutter Entertainment

(Get Free Report

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 (LON:FLTR)

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