Flutter Entertainment (NYSE:FLUT) Price Target Cut to $275.00 by Analysts at Citizens Jmp

Flutter Entertainment (NYSE:FLUTFree Report) had its price target lowered by Citizens Jmp from $313.00 to $275.00 in a report issued on Thursday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

A number of other brokerages also recently weighed in on FLUT. Citigroup reissued an “outperform” rating on shares of Flutter Entertainment in a report on Monday, January 5th. Barclays dropped their target price on shares of Flutter Entertainment from $325.00 to $307.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. UBS Group reduced their target price on shares of Flutter Entertainment from $340.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Zacks Research cut shares of Flutter Entertainment from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Benchmark reduced their price objective on Flutter Entertainment from $310.00 to $285.00 and set a “buy” rating for the company in a report on Monday, December 1st. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $289.95.

Read Our Latest Stock Report on FLUT

Flutter Entertainment Stock Up 0.1%

FLUT stock opened at $181.17 on Thursday. The stock has a market cap of $31.74 billion, a P/E ratio of -139.36 and a beta of 1.88. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. The stock’s fifty day simple moving average is $208.00 and its two-hundred day simple moving average is $251.89. Flutter Entertainment has a 1-year low of $179.01 and a 1-year high of $313.68.

Institutional Investors Weigh In On Flutter Entertainment

A number of hedge funds and other institutional investors have recently bought and sold shares of FLUT. Barrett & Company Inc. bought a new position in shares of Flutter Entertainment in the second quarter worth $29,000. ORG Partners LLC lifted its holdings in Flutter Entertainment by 300.0% during the 2nd quarter. ORG Partners LLC now owns 100 shares of the company’s stock worth $28,000 after purchasing an additional 75 shares in the last quarter. JFS Wealth Advisors LLC bought a new position in Flutter Entertainment in the 3rd quarter worth about $27,000. MassMutual Private Wealth & Trust FSB boosted its stake in Flutter Entertainment by 219.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 79 shares during the period. Finally, JCIC Asset Management Inc. purchased a new position in Flutter Entertainment during the 3rd quarter valued at about $32,000.

More Flutter Entertainment News

Here are the key news stories impacting Flutter Entertainment this week:

  • Positive Sentiment: Citizens Jmp trimmed its price target from $313 to $275 but retained a “market outperform” rating, leaving a large implied upside that could support buying interest if company results stabilize. Article Title
  • Neutral Sentiment: Bank of America lowered its price target to $210 and moved to a “neutral” rating — a less bearish stance than some peers but still a downgrade in expectations that may limit near‑term upside. Article Title
  • Neutral Sentiment: A Benzinga roundup synthesizing 26 analyst views provides context that opinions remain mixed across the sell‑side, so price action will likely track which analyst narratives gain traction. Demystifying Flutter Entertainment
  • Negative Sentiment: Craig‑Hallum downgraded FLUT from “buy” to “hold” and set a $200 target, citing accumulating/transitory headwinds; this high‑profile cut has weighed on sentiment and was widely reported. Craig‑Hallum downgrades Flutter MSN coverage
  • Negative Sentiment: Zacks cut its rating to “strong sell,” a materially bearish view that can pressure institutional flows and amplify selling momentum. Zacks report
  • Negative Sentiment: Coverage notes that FLUT hit a new one‑year low following the analyst downgrades, signaling that market chops have turned decisively negative until visibility on growth and margins improves. 1‑Year Low Report
  • Negative Sentiment: Broader headlines pairing upgrades of other tech names with downgrades of Flutter highlight relative sector rotation away from gaming/BC‑exposed names, which can amplify outflows. Sector headlines

About Flutter Entertainment

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Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.

Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.

Further Reading

Analyst Recommendations for Flutter Entertainment (NYSE:FLUT)

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