Flutter Entertainment plc (LON:FLTR – Get Rating) stock has been assigned a consensus rating of “Moderate Buy” by the twelve rating agencies that cover the company, reports MarketBeat.com. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers who have updated their coverage of the stock over the past year is £141.80 ($163.27).
FLTR has been the subject of several research reports. JPMorgan Chase & Co. posted a price target of £136 ($156.59) for shares of Flutter Entertainment in a research note on Monday, October 17. Barclays reiterated an equal weight rating and price target of £110 ($126.66) on shares of Flutter Entertainment in a research note on Monday. UBS Group put a price target of £138 ($158.89) on shares of Flutter Entertainment in a research note on Monday. Citigroup reiterated a “neutral” rating on shares of Flutter Entertainment in a research note on Wednesday, October 12. Finally, on Tuesday, August 23, Berenberg Bank put a price target of £138 ($158.89) on shares of Flutter Entertainment in a research note.
Flutter Entertainment trade down 1.2%
LON:FLTR opened at £116.75 ($134.43) on Tuesday. The company has a 50-day moving average price of £105.62 and a 200-day moving average price of GBX 9,413.43. Flutter Entertainment has a 12-month low of GBX7,340 ($84.51) and a 12-month high of £126.95 ($146.17). The company has a current ratio of 0.81, a quick ratio of 0.70 and a debt to equity ratio of 42.18. The stock has a market cap of £20.53 billion and a price-to-earnings ratio of -49.96.
Flutter Entertainment company profile
Flutter Entertainment plc operates as a sports betting and gaming company in the UK, Ireland, Australia, the United States and internationally. The Company operates in four segments: UK & Ireland, Australia, International and USA. It offers sports betting and stock market sports betting, daily fantasy sports products and pari-mutuel betting products; fixed odds betting products; online games and casinos; peer to peer games including online bingo, rummy and poker; and business-to-business services.
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