Brokerages Set Flutter Entertainment plc (LON:FLTR) Target Price at £147.50

Shares of Flutter Entertainment plc (LON:FLTR) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is £252.83.

Several research analysts recently issued reports on FLTR shares. Berenberg Bank reissued a “buy” rating and issued a £129 price target on shares of Flutter Entertainment in a research report on Thursday, May 14th. JPMorgan Chase & Co. lowered shares of Flutter Entertainment to an “overweight” rating and dropped their price target for the stock from £127 to £115 in a research report on Thursday, May 14th. Jefferies Financial Group reissued a “buy” rating and issued a £160 price target on shares of Flutter Entertainment in a research report on Monday, June 8th. Finally, Citigroup raised shares of Flutter Entertainment to a “sell” rating and increased their price target for the stock from £680 to £700 in a research report on Monday.

Insider Activity

In related news, insider Peter Jackson sold 3,084 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of GBX 7,210, for a total value of £222,356.40. Also, insider Carolan Lennon purchased 520 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average cost of GBX 6,814 per share, with a total value of £35,432.80. Corporate insiders own 3.03% of the company’s stock.

Flutter Entertainment Trading Down 0.0%

Shares of FLTR opened at GBX 7,583.39 on Friday. The company has a debt-to-equity ratio of 142.42, a current ratio of 0.95 and a quick ratio of 0.70. The stock’s 50-day moving average is GBX 7,594.46 and its two-hundred day moving average is £100.06. Flutter Entertainment has a 12 month low of GBX 6,722 and a 12 month high of £236.10. The stock has a market cap of £13.15 billion, a PE ratio of -36.11, a P/E/G ratio of 1.76 and a beta of 1.11.

About Flutter Entertainment

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