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

Flutter Entertainment plc (LON:FLTR) has earned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is £201.47 ($262.27).

A number of equities research analysts have recently commented on the stock. Shore Capital reiterated a “hold” rating on shares of Flutter Entertainment in a report on Tuesday, September 17th. Berenberg Bank raised their target price on shares of 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.

Flutter Entertainment Stock Up 4.5 %

FLTR opened at £191.25 ($248.96) on Friday. 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. The business’s fifty day simple moving average is £174.93 and its 200 day simple moving average is £160.62. Flutter Entertainment has a 52 week low of £120.20 ($156.47) and a 52 week high of £192.05 ($250.00). The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 64.90.

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.