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

Flutter Entertainment plc (LON:FLTR – Get Rating) has earned an average rating of “Hold” from the ten analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is £140.18 ($167.70).

A number of research firms have recently commented on FLTR. Shore Capital reissued a “hold” rating on shares of Flutter Entertainment in a research report on Wednesday, November 9th. JPMorgan Chase & Co. set a £161 ($192.61) price objective on shares of Flutter Entertainment in a report on Wednesday. UBS Group set a £140 ($167.48) target price on Flutter Entertainment in a research note on Thursday. The Goldman Sachs Group set a £134 ($160.31) price target on Flutter Entertainment in a research note on Wednesday, November 9th. Finally, Barclays set a £110 ($131.59) price objective on Flutter Entertainment in a research note on Monday, November 28th.

Insiders Place Their Bets

In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of £113.65 ($135.96), for a total transaction of £115,468.40 ($138,136.62). In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of £113.65 ($135.96), for a total value of £115,468.40 ($138,136.62). Also, insider Peter Jackson sold 329 shares of the company’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of £112.82 ($134.97), for a total value of £37,117.78 ($44,404.57).

Flutter Entertainment Price Performance

FLTR stock opened at £120.30 ($143.92) on Friday. The stock has a 50-day simple moving average of £110.36 and a 200-day simple moving average of GBX 9,819.17. The firm has a market cap of £21.15 billion and a P/E ratio of -50.87. The company has a debt-to-equity ratio of 42.18, a quick ratio of 0.70 and a current ratio of 0.81. Flutter Entertainment has a 1 year low of GBX 7,340 ($87.81) and a 1 year high of £123.65 ($147.92).

About Flutter Entertainment

(Get Rating)

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 four segments: UK & Ireland, Australia, International, and US. 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, rummy, and poker; and business-to-business services.

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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