Flutter Entertainment (LON:FLTR) Reaches New 12-Month Low – Here’s Why

Flutter Entertainment plc (LON:FLTRGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 7,482 and last traded at GBX 7,668, with a volume of 874313 shares trading hands. The stock had previously closed at GBX 7,712.77.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on Flutter Entertainment

Flutter Entertainment Stock Performance

The firm has a market cap of £13.44 billion, a PE ratio of -60.38, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company has a 50 day simple moving average of £129.45 and a 200-day simple moving average of £166.18. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70.

Flutter Entertainment Company Profile

(Get Free Report)

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

Featured Stories

Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.