Flutter Entertainment (LON:FLTR) PT Raised to £203 at Berenberg Bank

Flutter Entertainment (LON:FLTR) had its price target raised by Berenberg Bank from £188 ($244.09) to £203 ($263.57) in a report issued on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

Separately, Shore Capital reissued a “hold” rating on shares of Flutter Entertainment in a report on Tuesday, September 17th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Flutter Entertainment presently has an average rating of “Moderate Buy” and a consensus price target of £201.47 ($261.58).

Flutter Entertainment Trading Down 0.6 %

Shares of FLTR opened at £174.15 ($226.11) on Thursday. Flutter Entertainment has a 1-year low of £120.20 ($156.06) and a 1-year high of £188.45 ($244.68). The company has a debt-to-equity ratio of 64.90, a current ratio of 0.90 and a quick ratio of 0.70. The firm has a 50 day simple moving average of £170.88 and a 200-day simple moving average of £158.63. The stock has a market cap of £30.97 billion, a price-to-earnings ratio of -3,071.43, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

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.