Flutter Entertainment (LON:FLTR) Shares Down 0.2% – Time to Sell?

Flutter Entertainment plc (LON:FLTR – Get Free Report) shares were down 0.2% during trading on Monday. The stock traded as low as GBX 7,536 and last traded at GBX 7,588. Approximately 13,319,006 shares changed hands during mid-day trading, an increase of 2,273% from the average daily volume of 561,374 shares. The stock had previously closed at GBX 7,602.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a £160 target price on shares of Flutter Entertainment in a research report on Monday, July 6th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of £147.50.

Read Our Latest Stock Analysis on Flutter Entertainment

Flutter Entertainment Trading Down 0.2%

The firm has a market cap of £13.16 billion, a price-to-earnings ratio of -36.13, a P/E/G ratio of 1.76 and a beta of 1.09. The firm’s 50-day moving average is GBX 7,588 and its 200-day moving average is GBX 8,395.80. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 143.53.

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.

Further Reading

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