Flutter Entertainment plc (LON:FLTR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Flutter Entertainment plc (LON:FLTR) has earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is £201.47 ($262.27).

Several research firms have issued reports on FLTR. Berenberg Bank boosted their target price on Flutter Entertainment from £188 ($244.73) to £203 ($264.25) and gave the stock a “buy” rating in a research report on Thursday, October 24th. Shore Capital reiterated a “hold” rating on shares of Flutter Entertainment in a research report on Tuesday, September 17th.

Flutter Entertainment Trading Up 4.5 %

LON:FLTR opened at £191.25 ($248.96) on Friday. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 64.90. The stock’s 50 day simple moving average is £174.93 and its 200-day simple moving average is £160.62. Flutter Entertainment has a 12-month low of £120.20 ($156.47) and a 12-month high of £192.05 ($250.00). The firm has a market cap of £34.01 billion, a P/E ratio of -3,373.02, a PEG ratio of 1.76 and a beta of 1.24.

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.