Flutter Entertainment (LON:FLTR) Shares Down 7.9% – Here’s Why

Shares of Flutter Entertainment plc (LON:FLTR) were down 7.9% during trading on Saturday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. Approximately 219,305 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 430,762 shares. The stock had previously closed at £104.95.

Key Headlines Impacting Flutter Entertainment

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Key takeaway — one-sentence reason why the stock moved.
• Neutral Sentiment: Details — 2–3 bullets on facts from the articles (earnings, guidance, regulatory actions, M&A, analyst moves, macro impacts).
• Negative Sentiment: Implications for investors — expected near-term catalysts, risks, and what to watch next (dates, metrics, guidance revisions).
• Neutral Sentiment: Source links — each bullet will include the article link for reference.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FLTR. JPMorgan Chase & Co. reduced their target price on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft decreased their price objective on Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a report on Friday, January 23rd. Berenberg Bank raised their target price on Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a research note on Monday, January 19th. Citigroup decreased their price target on Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a research note on Friday, November 28th. Finally, Peel Hunt reissued a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a research report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of £224.60.

Flutter Entertainment Price Performance

The company’s 50-day moving average price is £144.31 and its 200-day moving average price is £175.87. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74. The firm has a market cap of £16.94 billion, a price-to-earnings ratio of -76.11, a PEG ratio of 1.76 and a beta of 1.24.

About Flutter Entertainment

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