JPMorgan Chase & Co. Reiterates Overweight Rating for Flutter Entertainment (LON:FLTR)

Flutter Entertainment (LON:FLTR)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a report issued on Monday, MarketBeat reports.

Several other analysts have also issued reports on FLTR. Deutsche Bank Aktiengesellschaft dropped their target price on Flutter Entertainment from £237.53 to £202 and set a “buy” rating on the stock in a report on Thursday, November 13th. Citigroup lowered their price target on Flutter Entertainment from £268 to £254 and set a “buy” rating on the stock in a research report on Friday, November 14th. Peel Hunt reiterated a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a research note on Thursday, November 13th. Finally, Berenberg Bank cut their price objective on Flutter Entertainment from £247 to £242 and set a “buy” rating for the company in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and an average target price of £238.40.

Flutter Entertainment Trading Down 0.4%

Shares of LON:FLTR opened at £146.70 on Monday. The company’s 50-day moving average price is £186.62 and its two-hundred day moving average price is £198.95. Flutter Entertainment has a one year low of £141.55 and a one year high of £237. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70. The stock has a market capitalization of £25.71 billion, a PE ratio of 71.56, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

About Flutter Entertainment

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