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

Flutter Entertainment plc (LON:FLTR) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is £201.47 ($261.28).

FLTR has been the subject of a number of recent analyst reports. Berenberg Bank upped their price target on shares of Flutter Entertainment from £188 ($243.81) to £203 ($263.26) and gave the stock a “buy” rating in a report on Thursday, October 24th. Shore Capital reaffirmed a “hold” rating on shares of Flutter Entertainment in a report on Tuesday, September 17th.

Flutter Entertainment Stock Performance

LON FLTR opened at £179.70 ($233.04) on Friday. The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 64.90. The company has a market capitalization of £31.95 billion, a P/E ratio of -3,169.31, a P/E/G ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a 12-month low of £120.20 ($155.88) and a 12-month high of £188.45 ($244.39). The firm has a 50-day moving average price of £172.69 and a two-hundred day moving average price of £159.52.

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.