Citigroup Lowers Flutter Entertainment (LON:FLTR) Price Target to £158

Flutter Entertainment (LON:FLTRGet Free Report) had its price target dropped by stock analysts at Citigroup from £244 to £158 in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s target price suggests a potential upside of 84.11% from the stock’s previous close.

Other analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft cut their price objective on Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a report on Friday, January 23rd. Berenberg Bank raised their price objective 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. lowered their price objective on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Finally, Peel Hunt reiterated a “hold” rating and issued a £223 target price on shares of Flutter Entertainment in a report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of £207.40.

View Our Latest Analysis on FLTR

Flutter Entertainment Stock Performance

FLTR opened at GBX 8,582 on Thursday. The business has a 50 day moving average price of £121.54 and a two-hundred day moving average price of £162.24. The company has a debt-to-equity ratio of 137.21, a current ratio of 0.96 and a quick ratio of 0.70. The company has a market capitalization of £15.04 billion, a price-to-earnings ratio of -67.57, a price-to-earnings-growth ratio of 1.76 and a beta of 1.18. Flutter Entertainment has a 1-year low of GBX 7,560 and a 1-year high of £236.10.

About Flutter Entertainment

(Get Free Report)

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

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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