Flutter Entertainment (LON:FLTR) PT Raised to £203

Flutter Entertainment (LON:FLTR) had its target price boosted by Berenberg Bank from £188 ($244.09) to £203 ($263.57) in a research report issued on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 16.57% from the stock’s current price.

Separately, Shore Capital restated a “hold” rating on shares of Flutter Entertainment in a research note on Tuesday, September 17th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and an average price target of £201.47 ($261.58).

Flutter Entertainment Stock Performance

FLTR stock opened at £174.15 ($226.11) on Thursday. 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 firm has a market cap of £30.97 billion, a PE ratio of -3,071.43, a P/E/G ratio of 1.76 and a beta of 1.24. The business has a 50 day moving average of £170.60 and a 200-day moving average of £158.46. Flutter Entertainment has a 12-month low of £120.20 ($156.06) and a 12-month high of £188.45 ($244.68).

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.