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 firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating. The average 12-month target price 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 GBP 161 ($192.61) target price on shares of Flutter Entertainment in a report on Wednesday. UBS Group set a GBP140 ($167.48) price target on Flutter Entertainment in a research note on Thursday. Goldman Sachs Group set a GBP 134 ($160.31) price objective on Flutter Entertainment in a research note on Wednesday, November 9th. Finally, Barclays set a GBP 110 ($131.59) price target on Flutter Entertainment in a research note on Monday, November 28th.

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Insiders are betting

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 company’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 SMA of GBP 110.36 and a 200-day SMA of GBX 9819.17. The company 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 one year low of GBX 7340 ($87.81) and a one year high of GBP 123.65 ($147.92).

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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 of America and internationally. The company operates in four segments: UK & Ireland, Australia, International and US. It offers sports betting and stock market sports betting products, daily fantasy sports products and pari-mutuel betting products; Betting products for fixed odds games; 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)

This instant news alert was created using MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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