JPMorgan Chase & Co. Reaffirms Overweight Rating for Flutter Entertainment (LON:FLTR)

JPMorgan Chase & Co. restated their overweight rating on shares of Flutter Entertainment (LON:FLTR) in a report issued on Thursday, Marketbeat.com reports. They currently have a £213 ($265.16) price target on the stock.

A number of other research firms have also recently commented on FLTR. Berenberg Bank lifted their price target on shares of Flutter Entertainment from £170 ($211.63) to £186 ($231.54) and gave the stock a buy rating in a report on Friday, February 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Flutter Entertainment from £171.54 ($213.54) to £175.89 ($218.96) and gave the company a buy rating in a research note on Tuesday, April 16th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of £192.47 ($239.60).

Flutter Entertainment Trading Up 0.5 %

LON:FLTR opened at £148.40 ($184.74) on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.70 and a debt-to-equity ratio of 66.26. The stock has a market capitalization of £26.29 billion, a PE ratio of -2,722.94, a price-to-earnings-growth ratio of 1.76 and a beta of 0.88. The firm’s 50 day moving average is £163.73 and its 200 day moving average is £146.53. Flutter Entertainment has a 12 month low of £120.20 ($149.63) and a 12 month high of £179.80 ($223.83).

Insider Activity at Flutter Entertainment

In related news, insider Peter Jackson sold 21,688 shares of Flutter Entertainment stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of £157.85 ($196.50), for a total value of £3,423,450.80 ($4,261,733.85). 0.05% of the stock is owned by company insiders.

Flutter Entertainment Company Profile

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.