Flutter Entertainment (OTCMKTS:PDYPY) Price Target Lowered to 16,900.00 at Morgan Stanley

Flutter Entertainment (OTCMKTS:PDYPY) had its price objective reduced by Morgan Stanley from 17,100.00 to 16,900.00 in a report released on Wednesday morning, The Fly reports. They currently have an overweight rating on the stock.

Several other equities analysts have also recently commented on PDYPY. HSBC upgraded shares of Flutter Entertainment from a hold rating to a buy rating in a research report on Tuesday, September 28th. Citigroup upgraded shares of Flutter Entertainment from a sell rating to a buy rating in a research report on Tuesday. Wells Fargo & Company began coverage on shares of Flutter Entertainment in a research report on Tuesday, September 14th. They issued an overweight rating for the company. Berenberg Bank raised shares of Flutter Entertainment from a hold rating to a buy rating in a report on Friday, November 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Flutter Entertainment in a report on Thursday, November 4th. One analyst has rated the stock with a sell rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Buy and a consensus price target of $5,697.33.

Shares of OTCMKTS:PDYPY opened at $77.76 on Wednesday. The firm has a 50 day moving average of $75.71 and a 200-day moving average of $88.54. Flutter Entertainment has a 12 month low of $65.78 and a 12 month high of $119.41.

About Flutter Entertainment

Flutter Entertainment Plc engages in the business of online betting and gaming. It operates through the following segments: PPB Online, Australia, PPB Retail, U.S, and Corporate. The PPB Online segment comprises of Paddy Power, Betfair, and Adjarabet brands. The Australia segment focuses on sports betting services provided to Australian customers using internet with a small proportion using the public telephony system.

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Analyst Recommendations for Flutter Entertainment (OTCMKTS:PDYPY)

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