Flutter Entertainment (OTCMKTS:PDYPY) Given New £166 Price Target at Morgan Stanley

Flutter Entertainment (OTCMKTS:PDYPY – Get Rating) had its target price boosted by Morgan Stanley from £158 ($182.68) to £166 ($191.93) in a research report issued to clients and investors on Monday, The Fly reports.

A number of other research firms have also weighed in on PDYPY. JPMorgan Chase & Co. boosted their price target on shares of Flutter Entertainment from £128 ($147.99) to £136 ($157.24) in a report on Monday, October 3rd. Deutsche Bank Aktiengesellschaft cut their price target on shares of Flutter Entertainment from £138.20 ($159.79) to £135 ($156.09) in a research note on Monday, October 3rd. Citigroup downgraded shares of Flutter Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 21st. Barclays downgraded shares of Flutter Entertainment from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 19th. Finally, Exane BNP Paribas initiated coverage on shares of Flutter Entertainment in a research report on Thursday, October 6th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Flutter Entertainment has a consensus rating of “Moderate Buy” and a consensus price target of $14,375.00.

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Flutter Entertainment Stock performance

PDYPY stock traded up $2.88 on Monday, reaching $65.50. 39,300 shares of the company were exchanged, compared to its average volume of 48,577. Flutter Entertainment has a twelve month low of $43.71 and a twelve month high of $85.94. The company’s fifty day moving average is $59.75 and its two hundred day moving average is $55.85.

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Flutter Entertainment Company Profile

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Flutter Entertainment plc operates as a sports betting and gaming company in the UK, Ireland, Australia, USA and internationally. The company operates through four segments: UK & Ireland, Australia, International and US. It offers sportsbook and stock sports betting products, daily fantasy sports products and pari-mutuel betting products; fixed odds betting products; online games and casinos; peer-to-peer games, including online bingo, rummy and poker; and business-to-business services.

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Analyst Recommendations for Flutter Entertainment (OTCMKTS:PDYPY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat editorial staff prior to publication. Please send questions or comments about this story to [email protected]

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