Flutter Entertainment (LON:FLTR – Get Rating) received a £110 ($130.07) target price from stock analysts at Barclays in a research report issued on Monday, Borsen Zeitung reports. Barclays’s price objective would suggest a potential downside of 7.14% from the company’s previous close.
A number of other brokerages have also issued reports on FLTR. Shore Capital reaffirmed a “hold” rating on shares of Flutter Entertainment in a research report on Wednesday, November 9th. Jefferies Financial Group set a £129 ($152.54) target price on Flutter Entertainment in a research report on Thursday, November 17th. Citigroup reaffirmed a “neutral” rating on shares of Flutter Entertainment in a research report on Wednesday, October 12th. UBS Group set a £138 ($163.18) price target on Flutter Entertainment in a research report on Thursday, November 17th. Finally, Berenberg Bank set a £138 ($163.18) price target on Flutter Entertainment in a research report on Tuesday, August 23rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of £138.31 ($163.54).
Flutter Entertainment Trading Up 0.4 %
Shares of LON:FLTR traded up GBX 50.50 ($0.60) during trading on Monday, reaching £118.46 ($140.07). 345,210 shares of the stock were exchanged, compared to its average volume of 449,214. 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 12-month low of GBX 7,340 ($86.79) and a 12-month high of £121.30 ($143.43). The firm has a market cap of £20.83 billion and a price-to-earnings ratio of -50.09. The firm’s 50-day moving average price is £108.87 and its 200 day moving average price is GBX 9,738.35.
Insider Activity
In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of Flutter Entertainment stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of £113.65 ($134.39), for a total value of £115,468.40 ($136,535.89). 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 stock was sold at an average price of £113.65 ($134.39), for a total value of £115,468.40 ($136,535.89). Also, insider Peter Jackson sold 329 shares of the company’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of £112.82 ($133.40), for a total value of £37,117.78 ($43,890.01).
Flutter Entertainment Company Profile
(Get Rating)
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 betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.
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