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

Shares of Flutter Entertainment plc (LON:FLTR) have been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is £147.50.

FLTR has been the subject of several research analyst reports. Berenberg Bank reiterated a “buy” rating and set a £129 price target on shares of Flutter Entertainment in a report on Thursday, May 14th. Citigroup raised Flutter Entertainment to a “sell” rating in a report on Monday, June 29th. Jefferies Financial Group reaffirmed a “buy” rating and issued a £160 target price on shares of Flutter Entertainment in a report on Monday, July 6th. Finally, JPMorgan Chase & Co. downgraded Flutter Entertainment to an “overweight” rating and dropped their target price for the company from £127 to £115 in a research report on Thursday, May 14th.

Flutter Entertainment Price Performance

Shares of LON:FLTR opened at GBX 7,588 on Friday. Flutter Entertainment has a one year low of GBX 6,722 and a one year high of £236.10. The company has a debt-to-equity ratio of 143.53, a current ratio of 0.89 and a quick ratio of 0.70. The company has a market cap of £13.16 billion, a price-to-earnings ratio of -36.13, a PEG ratio of 1.76 and a beta of 1.09. The firm has a 50 day simple moving average of GBX 7,822.85 and a 200 day simple moving average of GBX 8,246.14.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.