Flutter Entertainment plc (LON:FLTR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Flutter Entertainment plc (LON:FLTR – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is £141.80 ($163.27).

FLTR has been the subject of many research reports. JPMorgan Chase & Co. set a £136 ($156.59) price objective on shares of Flutter Entertainment in a research note on Monday, October 17th. Barclays reiterated an “equal weight” rating and issued a £110 ($126.66) price objective on shares of Flutter Entertainment in a research note on Monday. UBS Group set a £138 ($158.89) price target on shares of Flutter Entertainment in a research note on Monday. Citigroup reiterated a “neutral” rating on shares of Flutter Entertainment in a research note on Wednesday, October 12th. Finally, Berenberg Bank set a £138 ($158.89) price target on shares of Flutter Entertainment in a research note on Tuesday, August 23rd.

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Flutter Entertainment Trades Down 1.2%

LON:FLTR opened at £116.75 ($134.43) on Tuesday. The company has a 50-day moving average of £105.62 and a 200-day moving average of GBX 9,413.43. Flutter Entertainment has a 12-month low of GBX 7,340 ($84.51) and a 12-month high of £126.95 ($146.17). The company has a current ratio of 0.81, a quick ratio of 0.70, and a debt-to-equity ratio of 42.18. The stock has a market cap of £20.53 billion and a price-to-earnings ratio of -49.96.

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Flutter Entertainment company profile

(Get Rating)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States and internationally. The company operates in four sectors: UK & Ireland, Australia, International & USA. It offers sports betting and sports betting exchange products, daily fantasy sports betting products and pari-mutuel betting products. fixed odds game betting products. online games and casinos; peer-to-peer games, including online bingo, rummy and poker; and business-to-business services.

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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