Flutter Entertainment (LON:FLTR) Sets New 52-Week Low – Here’s Why

Flutter Entertainment plc (LON:FLTRGet Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 7,327.25 and last traded at GBX 7,400.10, with a volume of 225415 shares trading hands. The stock had previously closed at GBX 7,702.

Wall Street Analyst Weigh In

A number of analysts have weighed in on FLTR shares. Citigroup lowered shares of Flutter Entertainment to a “sell” rating and reduced their price objective for the company from £158 to GBX 6,800 in a research note on Thursday, April 16th. Berenberg Bank raised their price objective on shares of Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research note on Monday, January 19th. Jefferies Financial Group restated a “buy” rating and set a £160 price objective on shares of Flutter Entertainment in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a research note on Friday, January 23rd. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of £184.50.

Read Our Latest Stock Report on FLTR

Flutter Entertainment Stock Performance

The business’s fifty day moving average price is GBX 7,988.77 and its 200-day moving average price is £124.25. The company has a debt-to-equity ratio of 142.42, a quick ratio of 0.70 and a current ratio of 0.95. The stock has a market cap of £13.22 billion, a PE ratio of -43.43, a P/E/G ratio of 1.76 and a beta of 1.15.

About Flutter Entertainment

(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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