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

Flutter Entertainment plc (LON:FLTR) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is £147.50.

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

Flutter Entertainment Stock Down 0.2%

Shares of LON FLTR opened at GBX 7,588 on Wednesday. The firm has a market cap of £13.16 billion, a PE ratio of -36.13, a P/E/G ratio of 1.76 and a beta of 1.09. Flutter Entertainment has a 12-month low of GBX 6,722 and a 12-month high of £236.10. The company’s fifty day simple moving average is GBX 7,752.97 and its 200 day simple moving average is GBX 7,796.44. The company has a quick ratio of 0.70, a current ratio of 0.89 and a debt-to-equity ratio of 143.53.

Flutter Entertainment Company Profile

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