FY2022 EPS Estimates for Flutter Entertainment plc (OTCMKTS:PDYPY) Lifted by Jefferies Financial Group

Flutter Entertainment plc (OTCMKTS:PDYPY) – Equities researchers at Jefferies Financial Group lifted their FY2022 EPS estimates for Flutter Entertainment in a research report issued on Wednesday, January 12th. Jefferies Financial Group analyst J. Wheatcroft now expects that the company will post earnings of $2.32 per share for the year, up from their prior forecast of $2.27. Jefferies Financial Group also issued estimates for Flutter Entertainment’s FY2023 earnings at $3.73 EPS and FY2024 earnings at $4.26 EPS.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Flutter Entertainment in a report on Thursday, November 4th. UBS Group started coverage on Flutter Entertainment in a report on Friday, December 10th. They issued a “buy” rating for the company. Zacks Investment Research downgraded Flutter Entertainment from a “hold” rating to a “sell” rating in a report on Saturday, November 20th. BTIG Research started coverage on Flutter Entertainment in a report on Wednesday, October 27th. They issued a “buy” rating for the company. Finally, Citigroup upgraded Flutter Entertainment from a “sell” rating to a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $5,697.33.

Shares of OTCMKTS PDYPY opened at $77.76 on Thursday. Flutter Entertainment has a 1 year low of $65.78 and a 1 year high of $119.41. The business has a 50-day moving average of $75.71 and a two-hundred day moving average of $88.54.

Flutter Entertainment Company Profile

Flutter Entertainment Plc engages in the business of online betting and gaming. It operates through the following segments: PPB Online, Australia, PPB Retail, U.S, and Corporate. The PPB Online segment comprises of Paddy Power, Betfair, and Adjarabet brands. The Australia segment focuses on sports betting services provided to Australian customers using internet with a small proportion using the public telephony system.

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