Berenberg Bank Reiterates Buy Rating for Flutter Entertainment (LON:FLTR)

Flutter Entertainment (LON:FLTRGet Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report issued on Friday, Marketbeat.com reports. They currently have a £247 ($319.49) target price on the stock. Berenberg Bank’s price objective points to a potential upside of 36.05% from the company’s current price.

Flutter Entertainment Trading Up 0.8 %

Shares of FLTR opened at £181.55 ($234.83) on Friday. The business’s 50-day moving average price is £210.99 and its 200 day moving average price is £197.17. The stock has a market capitalization of £41.09 billion, a P/E ratio of -64.71, a P/E/G ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a 1-year low of £122.50 ($158.45) and a 1-year high of £237 ($306.56). The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74.

Insider Buying and Selling

In other Flutter Entertainment news, insider Rob Coldrake sold 166 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of £198.30 ($256.50), for a total transaction of £32,917.80 ($42,578.97). 0.08% of the stock is currently owned by company insiders.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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