Flutter Entertainment (LON:FLTR – Get Rating) has been assigned a £159 ($196.86) price objective by analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.’s price target would indicate a potential upside of 25.59% from the company’s current price.
→ Invest in Brooklyn Gin: Option for hot craft spirits (From UNKNOWN)
Several other research analysts also recently issued reports on FLTR. Deutsche Bank Aktiengesellschaft set a GBP 151.47 ($187.53) price objective on Flutter Entertainment in a research note on Thursday, November 17th. Goldman Sachs Group set a £134 ($165.90) target price on Flutter Entertainment in a research note on Wednesday, November 9th. Jefferies Financial Group set a £129 ($159.71) price objective on Flutter Entertainment in a research report on Thursday, November 17th. UBS Group set a £140 ($173.33) target price on shares of Flutter Entertainment in a research note on Thursday, January 5th. Finally, Barclays set a £110 ($136.19) price target on shares of Flutter Entertainment in a research note on Monday, November 28th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and an average target price of £137.35 ($170.05).
Flutter Entertainment shares fell 0.8%
Shares of LON:FLTR opened at £126.60 ($156.74) on Friday. Flutter Entertainment has a 52 week low of GBX 7,340 ($90.88) and a 52 week high of £130.17 ($161.16). The firm’s 50-day simple moving average is £119.14 and its 200-day simple moving average is £106.98. The company has a market cap of £22.26 billion and a price-to-earnings ratio of -53.53. The company has a quick ratio of 0.70, a current ratio of 0.81 and a debt ratio of 42.18.
Insiders place their bets
In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of £113.65 ($140.71), for a total transaction of £115,468.40 ($142,959.51). In related news, insider Peter Jackson sold 329 shares of the company’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of £112.82 ($139.68), for a total transaction of £37,117.78 ($45,954.91). Also, insider Jonathan Hill sold 1,016 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of £113.65 ($140.71), for a total transaction of £115,468.40 ($142,959.51).
Flutter Entertainment Company Profile
(Get rating)
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.
Featured stories
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]
Before you consider Flutter Entertainment, you want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market catches on… and Flutter Entertainment wasn’t on the list.
While Flutter Entertainment currently has a “Moderate Buy” rating among analysts, top rated analysts believe these five stocks are better buys.
See the five shares here
Elon Musk’s next move
Wondering when you will finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to find out when Elon Musk will let these companies finally go public.
Get this free report
