Deutsche Bank Aktiengesellschaft Boosts Flutter Entertainment (LON:FLTR) Price Target to £175.89

Flutter Entertainment (LON:FLTR) had its price objective boosted by Deutsche Bank Aktiengesellschaft from £171.54 ($213.54) to £175.89 ($218.96) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. Berenberg Bank lifted their price objective on shares of Flutter Entertainment from £170 ($211.63) to £186 ($231.54) and gave the company a buy rating in a research note on Friday, February 16th. JPMorgan Chase & Co. reiterated an overweight rating and set a £213 ($265.16) price objective on shares of Flutter Entertainment in a research note on Thursday, April 4th. Finally, Jefferies Financial Group reissued a buy rating and set a £195 ($242.75) price objective on shares of Flutter Entertainment in a report on Monday, December 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of £192.47 ($239.60).

Flutter Entertainment Price Performance

LON FLTR opened at £147.65 ($183.80) on Tuesday. The company has a market cap of £26.15 billion, a PE ratio of -2,709.17, a price-to-earnings-growth ratio of 1.76 and a beta of 0.88. The company has a quick ratio of 0.70, a current ratio of 0.88 and a debt-to-equity ratio of 66.26. The firm’s 50-day simple moving average is £164.15 and its two-hundred day simple moving average is £146.22. Flutter Entertainment has a 52 week low of £120.20 ($149.63) and a 52 week high of £179.80 ($223.83).

Insider Transactions at Flutter Entertainment

In related news, insider Peter Jackson sold 21,688 shares of Flutter Entertainment stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of £157.85 ($196.50), for a total transaction of £3,423,450.80 ($4,261,733.85). Insiders own 0.05% of the company’s stock.

Flutter Entertainment Company Profile

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.