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

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

Flutter Entertainment News Summary

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 Ratings Changes

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

Flutter Entertainment Stock Performance

The business’s 50-day simple moving average is £144.31 and its two-hundred day simple moving average is £175.50. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74. The firm has a market cap of £16.94 billion, a price-to-earnings ratio of -76.11, a P/E/G ratio of 1.76 and a beta of 1.24.

Flutter Entertainment Company Profile

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