Flutter Entertainment (LON:FLTR) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their hold rating on shares of Flutter Entertainment (LON:FLTR) in a report released on Tuesday morning, MarketBeat.com reports.

FLTR has been the subject of several other reports. Berenberg Bank upped their price objective on shares of Flutter Entertainment from £186 ($245.71) to £188 ($248.35) and gave the stock a buy rating in a report on Friday, August 23rd. Jefferies Financial Group reissued a buy rating and set a £220 ($290.62) price target on shares of Flutter Entertainment in a report on Tuesday, May 28th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Flutter Entertainment from £213 ($281.37) to £207 ($273.45) and set an overweight rating on the stock in a report on Wednesday, June 12th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of £197.72 ($261.19).

Flutter Entertainment Stock Down 1.3 %

LON:FLTR opened at £171.50 ($226.55) on Tuesday. The firm has a market capitalization of £30.49 billion, a price-to-earnings ratio of -3,040.78, a PEG ratio of 1.76 and a beta of 1.23. 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 business’s fifty day moving average price is £158.13 and its 200 day moving average price is £156.55. Flutter Entertainment has a 1-year low of £120.20 ($158.78) and a 1-year high of £179.80 ($237.52).

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.