Brokerages Set Flutter Entertainment plc (LON:FLTR) Price Target at £147.50

Shares of Flutter Entertainment plc (LON:FLTR) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is £147.50.

Several brokerages recently weighed in on FLTR. Jefferies Financial Group restated a “buy” rating and issued a £160 price target on shares of Flutter Entertainment in a research note on Monday, July 6th. Citigroup upgraded Flutter Entertainment to a “sell” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. downgraded Flutter Entertainment to an “overweight” rating and lowered their price target for the stock from £127 to £115 in a research report on Thursday, May 14th. Finally, Berenberg Bank reissued a “buy” rating and issued a £129 price objective on shares of Flutter Entertainment in a report on Thursday, May 14th.

Flutter Entertainment Trading Down 0.2%

Shares of Flutter Entertainment stock opened at GBX 7,588 on Friday. The firm has a 50-day simple moving average of GBX 7,768.44 and a two-hundred day simple moving average of GBX 8,082.40. The company has a market cap of £13.16 billion, a P/E ratio of -36.13, a price-to-earnings-growth ratio of 1.76 and a beta of 1.09. Flutter Entertainment has a fifty-two week low of GBX 6,722 and a fifty-two week high of £236.10. The company has a debt-to-equity ratio of 143.53, a quick ratio of 0.70 and a current ratio of 0.89.

Flutter Entertainment Company Profile

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