Flutter Entertainment (LON:FLTR) Receives “Hold” Rating from Shore Capital

Flutter Entertainment (LON:FLTR)‘s stock had its “hold” rating reiterated by research analysts at Shore Capital in a report issued on Wednesday, MarketBeat.com reports.

FLTR has been the topic of a number of other reports. Jefferies Financial Group reiterated a “buy” rating and issued a £220 ($280.90) price target on shares of Flutter Entertainment in a research report on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Flutter Entertainment from £171.54 ($219.02) to £175.89 ($224.58) and gave the company a “buy” rating in a research report on Tuesday, April 16th. Finally, JPMorgan Chase & Co. cut their price target on shares of Flutter Entertainment from £213 ($271.96) to £207 ($264.30) and set an “overweight” rating on the stock in a research report on Wednesday, June 12th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of £197.22 ($251.82).

Flutter Entertainment Stock Performance

Shares of LON:FLTR opened at £160.40 ($204.80) on Wednesday. The company has a market capitalization of £28.50 billion, a price-to-earnings ratio of -2,756.01, a P/E/G ratio of 1.76 and a beta of 1.24. The firm’s 50 day simple moving average is £150.04 and its 200 day simple moving average is £157.02. The company has a debt-to-equity ratio of 67.18, a current ratio of 0.84 and a quick ratio of 0.70. Flutter Entertainment has a fifty-two week low of £120.20 ($153.47) and a fifty-two week high of £179.80 ($229.57).

Flutter Entertainment Company Profile

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.