Flutter Entertainment (LON:FLTR) Trading Down 7.9% – What’s Next?

Flutter Entertainment plc (LON:FLTRGet Free Report)’s share price traded down 7.9% on Friday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. 219,305 shares traded hands during trading, a decline of 49% from the average session volume of 430,762 shares. The stock had previously closed at £104.95.

Analyst Upgrades and Downgrades

FLTR has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a report on Friday, January 23rd. Citigroup dropped their price objective on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating for the company in a research note on Friday, November 28th. JPMorgan Chase & Co. decreased their target price on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Berenberg Bank upped their price target on shares of Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a report on Monday, January 19th. Finally, Peel Hunt reissued a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of £224.60.

View Our Latest Report on FLTR

Flutter Entertainment Trading Down 7.9%

The firm has a 50 day moving average price of £144.31 and a two-hundred day moving average price of £176.22. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74. The company has a market cap of £16.94 billion, a price-to-earnings ratio of -76.11, a PEG ratio of 1.76 and a beta of 1.24.

Flutter Entertainment Company Profile

(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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