Flutter Entertainment (LON:FLTR) Hits New 1-Year High at $17,980.00

Flutter Entertainment plc (LON:FLTR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as £179.80 ($227.22) and last traded at £171.19 ($216.33), with a volume of 579435 shares. The stock had previously closed at £172.85 ($218.44).

Analyst Upgrades and Downgrades

FLTR has been the topic of a number of research reports. Berenberg Bank upped their price target on Flutter Entertainment from £170 ($214.84) to £186 ($235.06) and gave the stock a “buy” rating in a research note on Friday, February 16th. Jefferies Financial Group reissued a “buy” rating and issued a £195 ($246.43) price objective on shares of Flutter Entertainment in a research note on Monday, December 18th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Flutter Entertainment has a consensus rating of “Hold” and an average target price of £179.33 ($226.63).

Flutter Entertainment Trading Up 0.7 %

The business has a 50-day moving average of £166.53 and a 200-day moving average of £144.83. The stock has a market capitalization of £27.97 billion, a price-to-earnings ratio of -46,441.18, a PEG ratio of 1.76 and a beta of 0.88. The company has a debt-to-equity ratio of 57.11, a quick ratio of 0.70 and a current ratio of 0.81.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; lottery; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.