Flutter Entertainment plc (LON:FLTR) received average recommendation of “moderate buy” from analysts

Flutter Entertainment plc (LON:FLTR – Get Rating) has been assigned an average rating of “Moderate Buy” from the twelve ratings firms that cover the company, reports MarketBeat Ratings. Two equity research analysts rated the stock a hold rating and four issued a buy rating on the company. The average twelve-month price target among analysts who have issued ratings on the stock in the past year is £144.60 ($174.72).

Various research analysts have issued reports on FLTR’s actions. UBS Group set a price target of £138 ($166.75) for shares of Flutter Entertainment in a research report on Tuesday, September 6. Shore Capital reaffirmed a “hold” rating on Flutter Entertainment stock in a research report on Tuesday, October 4. Deutsche Bank Aktiengesellschaft lowered its target price on Flutter Entertainment shares from £138.20 ($166.99) to £135 ($163.12) and set a “buy” rating on the stock in a research report on Monday, March 3 October. Barclays set a price target of £138 ($166.75) for shares of Flutter Entertainment in a research report on Thursday, September 8. Finally, Berenberg Bank set a price target of £138 ($166.75) for shares of Flutter Entertainment in a research report on Tuesday, August 23.

Flutter Entertainment Price Performance

LON:FLTR shares opened at £104 ($125.66) on Friday. Flutter Entertainment has a 12-month minimum of GBX 7,340 ($88.69) and a 12-month maximum of £146.85 ($177.44). The stock has a market capitalization of £18.29 billion and a P/E ratio of -43.83. The stock’s 50-day moving average price is £102.41 and its 200-day moving average price is GBX 9,106.47. The firm has a debt-to-equity ratio of 42.18, a current ratio of 0.81, and a quick ratio of 0.70.

About FlutterEntertainment

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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 products; fixed odds gaming betting products; online casinos and games; 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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