Flutter Entertainment plc (LON:FLTR) Given Average Recommendation of “Moderate Buy” by Analysts

Flutter Entertainment plc (LON:FLTR) has been given a consensus rating of “Moderate Buy” by the six analysts that are 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 assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is £147.50.

A number of equities analysts recently weighed in on FLTR shares. Citigroup lowered shares of Flutter Entertainment to a “sell” rating and lowered their price objective for the company from £158 to GBX 6,800 in a research report on Thursday, April 16th. Jefferies Financial Group reiterated a “buy” rating and issued a £160 price objective on shares of Flutter Entertainment in a research report on Thursday, May 7th. Berenberg Bank reiterated a “buy” rating and issued a £129 price objective on shares of Flutter Entertainment in a research report on Thursday. JPMorgan Chase & Co. lowered shares of Flutter Entertainment to an “overweight” rating and decreased their target price for the stock from £127 to £115 in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a research report on Friday, January 23rd.

Insider Activity at Flutter Entertainment

In related news, insider Peter Jackson sold 3,084 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of GBX 7,210, for a total value of £222,356.40. Insiders own 3.03% of the company’s stock.

Flutter Entertainment Stock Performance

Shares of Flutter Entertainment stock opened at GBX 6,972 on Thursday. The firm’s fifty day simple moving average is GBX 7,903.78 and its 200-day simple moving average is £121. The stock has a market capitalization of £12.13 billion, a price-to-earnings ratio of -39.84, a PEG ratio of 1.76 and a beta of 1.15. Flutter Entertainment has a 12 month low of GBX 6,722 and a 12 month high of £236.10. The company has a debt-to-equity ratio of 142.42, a current ratio of 0.95 and a quick ratio of 0.70.

About Flutter Entertainment

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