Analysts Set Flutter Entertainment plc (LON:FLTR) PT at £197.72

Flutter Entertainment plc (LON:FLTR) has been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is £197.72 ($258.77).

FLTR has been the topic of several recent analyst reports. Berenberg Bank raised their price target on Flutter Entertainment from £186 ($243.42) to £188 ($246.04) and gave the company a “buy” rating in a report on Friday, August 23rd. Shore Capital reissued a “hold” rating on shares of Flutter Entertainment in a report on Tuesday, September 17th.

Flutter Entertainment Stock Performance

LON:FLTR opened at £185.40 ($242.64) on Wednesday. The business’s 50-day moving average price is £164.84 and its two-hundred day moving average price is £157.28. Flutter Entertainment has a twelve month low of £120.20 ($157.31) and a twelve month high of £188.45 ($246.63). The stock has a market cap of £32.97 billion, a P/E ratio of -3,269.84, a PEG ratio of 1.76 and a beta of 1.24. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 64.90.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.