Flutter Entertainment’s (FLTR) “Hold” Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their hold rating on shares of Flutter Entertainment (LON:FLTR) in a research note released on Thursday, Marketbeat.com reports. They currently have a £223 price target on the stock.

Several other brokerages also recently issued reports on FLTR. Berenberg Bank lowered their price target on shares of Flutter Entertainment from £247 to £242 and set a “buy” rating for the company in a report on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price objective on Flutter Entertainment from £273 to £271 and set an “overweight” rating on the stock in a research report on Wednesday, October 15th. Finally, Citigroup lowered their target price on Flutter Entertainment from £275 to £268 and set a “buy” rating for the company in a report on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Flutter Entertainment currently has an average rating of “Moderate Buy” and an average price target of £251.

Flutter Entertainment Price Performance

Shares of LON:FLTR opened at £150.25 on Thursday. The company has a market cap of £26.34 billion, a price-to-earnings ratio of 73.29, a PEG ratio of 1.76 and a beta of 1.24. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70. The firm has a 50 day simple moving average of £190.59 and a 200 day simple moving average of £199.34. Flutter Entertainment has a one year low of £147.45 and a one year high of £237.

Flutter Entertainment Company Profile

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