Flutter Entertainment plc (LON:FLTR – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as £179.95 ($240.96) and last traded at £178 ($238.35), with a volume of 280570 shares traded. The stock had previously closed at £171 ($228.98).
Wall Street Analyst Weigh In
FLTR has been the topic of several research analyst reports. Jefferies Financial Group restated a “buy” rating and set a £220 ($294.59) price objective on shares of Flutter Entertainment in a research note on Tuesday, May 28th. Shore Capital restated a “hold” rating on shares of Flutter Entertainment in a research note on Tuesday, September 17th. JPMorgan Chase & Co. reduced their price objective on Flutter Entertainment from £213 ($285.22) to £207 ($277.18) and set an “overweight” rating on the stock in a research note on Wednesday, June 12th. Finally, Berenberg Bank increased their target price on Flutter Entertainment from £186 ($249.06) to £188 ($251.74) and gave the stock a “buy” rating in a research report on Friday, August 23rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and an average price target of £197.72 ($264.76).
View Our Latest Analysis on Flutter Entertainment
Flutter Entertainment Price Performance
Flutter Entertainment Company Profile
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.
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