Analysts Set Flutter Entertainment plc (LON:FLTR) PT at £147.50

Shares of Flutter Entertainment plc (LON:FLTR) have been assigned an average rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is £147.50.

FLTR has been the subject of several research reports. Berenberg Bank reiterated a “buy” rating and set a £129 price objective on shares of Flutter Entertainment in a research report on Thursday, May 14th. Citigroup upgraded shares of Flutter Entertainment to a “sell” rating in a report on Monday, June 29th. JPMorgan Chase & Co. cut shares of Flutter Entertainment to an “overweight” rating and decreased their target price for the company from £127 to £115 in a research report on Thursday, May 14th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a £160 price target on shares of Flutter Entertainment in a report on Monday, July 6th.

Flutter Entertainment Trading Down 0.1%

FLTR stock opened at GBX 7,456 on Tuesday. The firm has a fifty day moving average price of GBX 7,683.09 and a 200 day moving average price of GBX 9,011.07. Flutter Entertainment has a fifty-two week low of GBX 6,722 and a fifty-two week high of £236.10. The firm has a market cap of £12.93 billion, a PE ratio of -35.50, a price-to-earnings-growth ratio of 1.76 and a beta of 1.09. The company has a debt-to-equity ratio of 142.42, a quick ratio of 0.70 and a current ratio of 0.95.

Insider Buying and Selling

In other Flutter Entertainment news, insider Peter Jackson sold 3,084 shares of Flutter Entertainment stock in a transaction on Monday, May 11th. The shares were sold at an average price of GBX 7,210, for a total transaction of £222,356.40. Also, insider Carolan Lennon purchased 520 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average cost of GBX 6,814 per share, with a total value of £35,432.80. Corporate insiders own 3.03% of the company’s stock.

Flutter Entertainment Company Profile

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