Flutter Entertainment’s (FLTR) Hold Rating Reiterated at Peel Hunt

Peel Hunt restated their hold rating on shares of Flutter Entertainment (LON:FLTR) in a report published on Thursday, Marketbeat reports. Peel Hunt currently has a £223 price target on the stock.

Other equities research analysts have also recently issued reports about the company. Berenberg Bank decreased their price target on Flutter Entertainment from £247 to £242 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Citigroup decreased their price objective on Flutter Entertainment from £275 to £268 and set a “buy” rating on the stock in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. cut their target price on shares of Flutter Entertainment from £273 to £271 and set an “overweight” rating on the stock in a report on Wednesday, October 15th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of £238.40.

Flutter Entertainment Price Performance

Shares of LON FLTR opened at £152.30 on Thursday. The firm has a market cap of £26.69 billion, a price-to-earnings ratio of 74.29, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The stock has a fifty day simple moving average of £189.28 and a two-hundred day simple moving average of £199.34. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74. Flutter Entertainment has a 1-year low of £147.30 and a 1-year high of £237.

Flutter Entertainment Company Profile

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