Flutter Entertainment (LON:FLTR) Sets New 1-Year Low – What’s Next?

Flutter Entertainment plc (LON:FLTRGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 7,496 and last traded at GBX 7,532, with a volume of 93980 shares traded. The stock had previously closed at GBX 7,866.51.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FLTR. Deutsche Bank Aktiengesellschaft reduced their price objective on Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a report on Friday, January 23rd. Berenberg Bank upped their price objective on Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a report on Monday, January 19th. Finally, Citigroup reduced their price objective on Flutter Entertainment from £244 to £158 and set a “buy” rating on the stock in a report on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of £207.40.

Get Our Latest Analysis on FLTR

Flutter Entertainment Stock Performance

The stock has a 50 day moving average price of GBX 8,800.38 and a two-hundred day moving average price of £137.53. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 142.42. The company has a market cap of £13.08 billion, a price-to-earnings ratio of -42.85, a P/E/G ratio of 1.76 and a beta of 1.16.

Flutter Entertainment Company Profile

(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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