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

Shares of Flutter Entertainment plc (LON:FLTR) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is £147.50.

Several analysts recently commented on FLTR shares. Jefferies Financial Group reiterated a “buy” rating and issued a £160 target price on shares of Flutter Entertainment in a report on Monday, July 6th. JPMorgan Chase & Co. lowered shares of Flutter Entertainment to an “overweight” rating and lowered their price target for the stock from £127 to £115 in a report on Thursday, May 14th. Berenberg Bank restated a “buy” rating and issued a £129 price target on shares of Flutter Entertainment in a research report on Thursday, May 14th. Finally, Citigroup raised shares of Flutter Entertainment to a “sell” rating in a research note on Monday, June 29th.

Insider Buying and Selling at Flutter Entertainment

In other Flutter Entertainment news, insider Peter Jackson sold 3,084 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of GBX 7,210, for a total transaction of £222,356.40. Also, insider Carolan Lennon acquired 520 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of GBX 6,814 per share, with a total value of £35,432.80. 3.03% of the stock is owned by insiders.

Flutter Entertainment Price Performance

Shares of FLTR opened at GBX 8,038 on Tuesday. Flutter Entertainment has a 1 year low of GBX 6,722 and a 1 year high of £236.10. The company has a debt-to-equity ratio of 142.42, a current ratio of 0.95 and a quick ratio of 0.70. The company has a market capitalization of £13.94 billion, a price-to-earnings ratio of -38.28, a price-to-earnings-growth ratio of 1.76 and a beta of 1.09. The business has a 50-day moving average of GBX 7,718.65 and a 200-day moving average of GBX 8,888.19.

Flutter Entertainment Company Profile

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