Artemis Investment Management LLP bought a new stake in shares of Flutter Entertainment plc (NYSE:FLUT – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor bought 148,530 shares of the company’s stock, valued at approximately $29,611,000.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Moffett Nathanson assumed coverage on shares of Flutter Entertainment in a research note on Monday, May 6th. They issued a “buy” rating and a $240.00 price objective for the company. Oppenheimer assumed coverage on shares of Flutter Entertainment in a research note on Tuesday, June 4th. They issued an “outperform” rating and a $240.00 price objective for the company. Benchmark reissued a “buy” rating and issued a $255.00 price objective on shares of Flutter Entertainment in a research note on Wednesday, May 15th. JMP Securities reissued a “market outperform” rating and issued a $246.00 price objective on shares of Flutter Entertainment in a research note on Wednesday, May 15th. Finally, Susquehanna dropped their price objective on shares of Flutter Entertainment from $249.00 to $235.00 and set a “positive” rating for the company in a research note on Thursday, May 30th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,464.10.
Check Out Our Latest Analysis on FLUT
Flutter Entertainment Price Performance
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.
Featured Stories
- Five stocks we like better than Flutter Entertainment
- How to Calculate Stock Profit
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- How Investors Can Find the Best Cheap Dividend Stocks
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Want to see what other hedge funds are holding FLUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flutter Entertainment plc (NYSE:FLUT – Free Report).
Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.