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

Flutter Entertainment plc (LON:FLTR – Get Free Report) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is £147.50.

Several equities research analysts recently commented on FLTR shares. Berenberg Bank reaffirmed a “buy” rating and set a £129 price objective on shares of Flutter Entertainment in a research report on Thursday, May 14th. Jefferies Financial Group reaffirmed a “buy” rating and set a £160 price objective on shares of Flutter Entertainment in a research report on Thursday, May 7th. Citigroup downgraded Flutter Entertainment to a “sell” rating and dropped their price target for the stock from £158 to GBX 6,800 in a research note on Thursday, April 16th. Finally, JPMorgan Chase & Co. downgraded Flutter Entertainment to an “overweight” rating and dropped their price target for the stock from £127 to £115 in a research note on Thursday, May 14th.

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Flutter Entertainment Trading Down 2.1%

Flutter Entertainment stock opened at GBX 7,521.26 on Monday. The company has a debt-to-equity ratio of 142.42, a current ratio of 0.95 and a quick ratio of 0.70. Flutter Entertainment has a one year low of GBX 6,722 and a one year high of £236.10. The stock has a market capitalization of £13.08 billion, a PE ratio of -35.82, a price-to-earnings-growth ratio of 1.76 and a beta of 1.15. The business’s fifty day moving average is GBX 7,586.69 and its 200 day moving average is £109.44.

Insiders Place Their Bets

In other news, insider Carolan Lennon purchased 520 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average cost of GBX 6,814 per share, for a total transaction of £35,432.80. Also, insider Peter Jackson sold 3,084 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 7,210, for a total value of £222,356.40. Company insiders own 3.03% of the company’s stock.

Flutter Entertainment Company Profile

(Get Free Report)

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

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