Citigroup Lowers Flutter Entertainment (LON:FLTR) Price Target to £268

Flutter Entertainment (LON:FLTRGet Free Report) had its price target cut by equities research analysts at Citigroup from £275 to £268 in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 52.71% from the company’s previous close.

Several other research firms have also recently weighed in on FLTR. JPMorgan Chase & Co. decreased their target price on Flutter Entertainment from £273 to £271 and set an “overweight” rating for the company in a research note on Wednesday, October 15th. Berenberg Bank decreased their target price on Flutter Entertainment from £247 to £242 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of £260.33.

View Our Latest Analysis on FLTR

Flutter Entertainment Stock Performance

Shares of Flutter Entertainment stock opened at £175.50 on Thursday. The business has a 50-day simple moving average of £200.19 and a 200-day simple moving average of £199.51. The company has a market cap of £30.87 billion, a PE ratio of 85.61, a P/E/G ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a one year low of £147.45 and a one year high of £237. The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.70 and a current ratio of 0.90.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.

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