Flutter Entertainment (LON:FLTR) Stock Rating Reaffirmed by Shore Capital
Flutter Entertainment (LON:FLTR)‘s stock had its “sell” rating restated by research analysts at Shore Capital in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. began coverage on Flutter Entertainment in a research note on Friday, October 11th. They set a “neutral” rating for the company. UBS Group reissued a “neutral” rating on shares of Flutter Entertainment in a research note on Thursday, August 8th. Peel Hunt reissued a “hold” rating and set a GBX 8,500 ($111.07) price target on shares of Flutter Entertainment in a research note on Thursday. Deutsche Bank increased their price target on Flutter Entertainment from GBX 6,000 ($78.40) to GBX 8,300 ($108.45) and gave the company a “hold” rating in a research note on Friday, October 4th. Finally, Royal Bank of Canada began coverage on Flutter Entertainment in a research note on Monday, October 28th. They set an “outperform” rating and a GBX 9,000 ($117.60) price target for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Flutter Entertainment has an average rating of “Hold” and an average price target of GBX 8,216.67 ($107.37).
Flutter Entertainment stock traded down GBX 104 ($1.36) during midday trading on Thursday, reaching GBX 8,072 ($105.47). 323,595 shares of the stock traded hands. The business’s fifty day moving average price is GBX 7,767.56. Flutter Entertainment has a 12 month low of GBX 5,542 ($72.42) and a 12 month high of GBX 9,276 ($121.21). The company has a market cap of $6.31 billion and a PE ratio of 34.19. The company has a current ratio of 0.63, a quick ratio of 0.23 and a debt-to-equity ratio of 14.31.
Flutter Entertainment PLC operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting products; fixed odds games betting; online games and casino; peer-to-peer games, including online bingo and poker; and business-to-business services.
Read More: What is the LIBOR?
Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.