Brokerages Set Flutter Entertainment plc (LON:FLTR) Target Price at £197.72

Flutter Entertainment plc (LON:FLTR) has been given an average rating of “Moderate Buy” by the five ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is £197.72 ($258.77).

A number of equities analysts have recently weighed in on FLTR shares. Shore Capital reaffirmed a “hold” rating on shares of Flutter Entertainment in a research report on Tuesday, September 17th. Berenberg Bank upped their price target on Flutter Entertainment from £186 ($243.42) to £188 ($246.04) and gave the stock a “buy” rating in a report on Friday, August 23rd.

Flutter Entertainment Price Performance

FLTR stock opened at £185.40 ($242.64) on Wednesday. Flutter Entertainment has a 1 year low of £120.20 ($157.31) and a 1 year high of £188.45 ($246.63). The stock has a market capitalization of £32.97 billion, a PE ratio of -3,269.84, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company’s 50-day moving average is £164.84 and its 200-day moving average is £157.28. The company has a debt-to-equity ratio of 64.90, a current ratio of 0.90 and a quick ratio of 0.70.

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.