Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Flutter Entertainment (LON:FLTR) Stock Price

Flutter Entertainment (LON:FLTRGet Free Report) had its target price cut by analysts at Deutsche Bank Aktiengesellschaft from £202 to £190 in a report released on Friday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 46.27% from the company’s previous close.

A number of other brokerages have also recently weighed in on FLTR. Peel Hunt restated a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a research note on Thursday, November 13th. Citigroup lowered their target price on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a research note on Friday, November 28th. JPMorgan Chase & Co. reduced their price target on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Finally, Berenberg Bank increased their price objective on shares of Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of £224.60.

View Our Latest Research Report on Flutter Entertainment

Flutter Entertainment Stock Down 2.7%

Shares of Flutter Entertainment stock opened at £129.90 on Friday. The business’s fifty day moving average price is £155.39 and its two-hundred day moving average price is £186.94. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70. The company has a market capitalization of £22.76 billion, a P/E ratio of -102.28, a PEG ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a 1-year low of £128.95 and a 1-year high of £237.

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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