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

Shares of Flutter Entertainment plc (LON:FLTR) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is £197.72 ($258.77).

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

Flutter Entertainment Price Performance

LON:FLTR opened at £185.40 ($242.64) on Wednesday. Flutter Entertainment has a 12 month low of £120.20 ($157.31) and a 12 month high of £188.45 ($246.63). The stock has a 50 day moving average of £165.64 and a two-hundred day moving average of £157.28. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 64.90. The firm has a market cap of £32.97 billion, a P/E ratio of -3,269.84, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

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.