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

Flutter Entertainment plc (LON:FLTRGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 7,536 and last traded at GBX 7,626, with a volume of 48113 shares changing hands. The stock had previously closed at GBX 7,728.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FLTR shares. Citigroup reduced their target price on shares of Flutter Entertainment from £244 to £158 and set a “buy” rating on the stock in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a research note on Friday, January 23rd. Finally, Berenberg Bank raised their price objective on Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research note on Monday, January 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of £207.40.

View Our Latest Analysis on Flutter Entertainment

Flutter Entertainment Stock Performance

The firm has a market cap of £13.37 billion, a P/E ratio of -60.06, a price-to-earnings-growth ratio of 1.76 and a beta of 1.18. 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 business’s fifty day simple moving average is GBX 9,466.66 and its 200-day simple moving average is £144.35.

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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