Berenberg Bank Raises Flutter Entertainment (LON:FLTR) Price Target to £203

Flutter Entertainment (LON:FLTR) had its price target upped by Berenberg Bank from £188 ($244.09) to £203 ($263.57) in a research report released on Thursday morning, MarketBeat reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Shore Capital reiterated a “hold” rating on shares of Flutter Entertainment in a research note on Tuesday, September 17th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of £201.47 ($261.58).

Flutter Entertainment Trading Down 0.9 %

FLTR opened at £174.15 ($226.11) on Thursday. The firm has a market capitalization of £30.97 billion, a P/E ratio of -3,071.43, a P/E/G ratio of 1.76 and a beta of 1.24. The firm’s 50 day moving average is £170.88 and its 200-day moving average is £158.65. Flutter Entertainment has a 52-week low of £120.20 ($156.06) and a 52-week high of £188.45 ($244.68). The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 64.90.

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.