Flutter Entertainment (LON:FLTR) Shares Down 7.9% – Here’s What Happened

Flutter Entertainment plc (LON:FLTR) was down 7.9% during trading on Saturday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. Approximately 219,305 shares were traded during trading, a decline of 49% from the average daily volume of 430,762 shares. The stock had previously closed at £104.95.

Key Flutter Entertainment News

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

• Positive Sentiment: Key takeaway — one-sentence reason why the stock moved.
• Neutral Sentiment: Details — 2–3 bullets on facts from the articles (earnings, guidance, regulatory actions, M&A, analyst moves, macro impacts).
• Negative Sentiment: Implications for investors — expected near-term catalysts, risks, and what to watch next (dates, metrics, guidance revisions).
• Neutral Sentiment: Source links — each bullet will include the article link for reference.

Analyst Upgrades and Downgrades

FLTR has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Citigroup reduced their target price on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a report on Friday, November 28th. Berenberg Bank upped their target price on shares of Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. dropped their price target on Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a research report on Tuesday, December 2nd. Finally, Peel Hunt reaffirmed a “hold” rating and issued a £223 price objective on shares of Flutter Entertainment in a research note on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of £224.60.

Flutter Entertainment Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74. The company has a market capitalization of £16.94 billion, a PE ratio of -76.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The stock’s 50-day moving average is £144.31 and its two-hundred day moving average is £175.50.

About Flutter Entertainment

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