Flutter Entertainment’s (FLTR) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

Flutter Entertainment (LON:FLTR)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a research note issued on Monday, MarketBeat reports.

A number of other research firms also recently issued reports on FLTR. Berenberg Bank cut their price objective on shares of Flutter Entertainment from £247 to £242 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Citigroup lowered their target price on shares of Flutter Entertainment from £268 to £254 and set a “buy” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Flutter Entertainment from £237.53 to £202 and set a “buy” rating on the stock in a research report on Thursday. Finally, Peel Hunt reaffirmed a “hold” rating and issued a £223 price objective on shares of Flutter Entertainment in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of £238.40.

Flutter Entertainment Stock Down 0.2%

Shares of LON:FLTR opened at £151.95 on Monday. The business’s 50 day moving average is £189.28 and its 200 day moving average is £199.48. Flutter Entertainment has a 12-month low of £147.30 and a 12-month high of £237. The stock has a market cap of £26.63 billion, a price-to-earnings ratio of 74.12, a PEG ratio of 1.76 and a beta of 1.24. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74.

About Flutter Entertainment

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