Flutter Entertainment plc (LON:FLTR) Receives £168.60 Consensus Price Target from Analysts

Shares of Flutter Entertainment plc (LON:FLTR) have been given an average rating of “Buy” by the fourteen research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is £167.39 ($227.21).

A number of research analysts recently commented on the company. The Goldman Sachs Group set a £180 ($244.33) price target on Flutter Entertainment in a research note on Tuesday, January 4th. Barclays reaffirmed an “overweight” rating and issued a £175 ($237.55) price target on shares of Flutter Entertainment in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on Flutter Entertainment from £170.90 ($231.98) to £171.90 ($233.34) and gave the company an “overweight” rating in a research note on Friday, November 19th. Peel Hunt reaffirmed a “buy” rating and issued a £170 ($230.76) price target on shares of Flutter Entertainment in a research note on Thursday, November 18th. Finally, Citigroup raised Flutter Entertainment to a “buy” rating in a research note on Tuesday.

FLTR opened at £112.75 ($153.05) on Wednesday. The company has a market capitalization of £19.79 billion and a P/E ratio of -271.03. The stock has a fifty day moving average of £112.76 and a 200-day moving average of £129.27. Flutter Entertainment has a fifty-two week low of GBX 9,912 ($134.55) and a fifty-two week high of £196.81 ($267.15). The company has a debt-to-equity ratio of 32.48, a quick ratio of 0.38 and a current ratio of 0.83.

Flutter Entertainment Company Profile

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through PPB, PokerStars, Sky Betting & Gaming, Australia, and US segments. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo and poker; and business-to-business services.

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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