Flutter Entertainment plc (LON:FLTR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Flutter Entertainment plc (LON:FLTRGet Free Report) have received an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. One equities 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 twelve-month target price among brokerages that have covered the stock in the last year is £147.50.

FLTR has been the topic of several research reports. JPMorgan Chase & Co. lowered Flutter Entertainment to an “overweight” rating and cut their price objective for the company from £127 to £115 in a research report on Thursday, May 14th. Citigroup raised Flutter Entertainment to a “sell” rating in a research report on Monday, June 29th. Jefferies Financial Group reiterated a “buy” rating and set a £160 target price on shares of Flutter Entertainment in a report on Monday, July 6th. Finally, Berenberg Bank reissued a “buy” rating and set a £129 target price on shares of Flutter Entertainment in a research report on Thursday, May 14th.

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Insider Activity at Flutter Entertainment

In other news, insider Carolan Lennon bought 520 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average price of GBX 6,814 per share, for a total transaction of £35,432.80. Also, insider Peter Jackson sold 3,084 shares of Flutter Entertainment stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 7,210, for a total transaction of £222,356.40. 3.03% of the stock is currently owned by company insiders.

Flutter Entertainment Stock Performance

LON:FLTR opened at GBX 7,900 on Tuesday. 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 firm has a market capitalization of £13.70 billion, a price-to-earnings ratio of -37.62, a PEG ratio of 1.76 and a beta of 1.09. The firm’s fifty day simple moving average is GBX 7,645.85 and its 200 day simple moving average is GBX 9,191.34. Flutter Entertainment has a twelve month low of GBX 6,722 and a twelve month high of £236.10.

Flutter Entertainment Company Profile

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

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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