Shares of Flutter Entertainment plc (OTCMKTS:PDYPY – Get Rated) received a “Moderate Buy” consensus recommendation from all nine research firms that cover the company, reports MarketBeat. One stock research analyst has rated the stock a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerage firms that have issued a report on the stock in the last year is $14,175.00.
Several research analysts have recently commented on the company. Citigroup cut Flutter Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 21. Exane BNP Paribas took over coverage of Flutter Entertainment in a research note on Thursday. They issued a “superior performance” rating for the company. Deutsche Bank Aktiengesellschaft cut its price target on Flutter Entertainment from £138.20 ($166.99) to £135 ($163.12) in a report on Monday. JMP Securities took over coverage of Flutter Entertainment in a report on Tuesday, June 28. They issued a “superior performance” rating for the company. Finally, JPMorgan Chase & Co. raised its price target on Flutter Entertainment from £128 ($154.66) to £136 ($164.33) in a report on Monday.
Flutter Entertainment trading up 0.4%
PDYPY shares opened at $58.53 on Friday. Flutter Entertainment has a 52-week minimum of $43.71 and a 52-week maximum of $101.08. The stock has a 50-day moving average of $58.47 and a 200-day moving average of $55.24.
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 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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