Analysts Set Flutter Entertainment plc (NYSE:FLUT) Price Target at $87.98

Flutter Entertainment plc (NYSE:FLUT) has received an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $87.98.

Several equities analysts recently weighed in on the company. Barclays raised Flutter Entertainment from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 27th. JPMorgan Chase & Co. upgraded Flutter Entertainment from a “neutral” rating to an “overweight” rating in a report on Wednesday, March 13th.

Flutter Entertainment Price Performance

Shares of FLUT stock opened at $197.49 on Friday. The stock has a 50 day simple moving average of $169.85 and a 200-day simple moving average of $113.27. Flutter Entertainment has a 12-month low of $148.00 and a 12-month high of $226.40.

About Flutter Entertainment

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 through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; lottery; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.