Flutter Entertainment (LON:FLTR) Given New GBX 8,500 Price Target at Deutsche Bank
Flutter Entertainment (LON:FLTR) had its price target decreased by Deutsche Bank from GBX 8,900 ($117.07) to GBX 8,500 ($111.81) in a report published on Friday, Stock Target Advisor reports. Deutsche Bank currently has a hold rating on the stock.
A number of other research analysts have also recently commented on the company. Peel Hunt restated a reduce rating on shares of Flutter Entertainment in a research report on Thursday. Shore Capital restated a sell rating on shares of Flutter Entertainment in a research report on Thursday. JPMorgan Chase & Co. decreased their price target on Flutter Entertainment from GBX 8,600 ($113.13) to GBX 8,300 ($109.18) and set a neutral rating on the stock in a research report on Friday, November 8th. UBS Group restated a sell rating on shares of Flutter Entertainment in a research report on Friday, February 21st. Finally, Jefferies Financial Group raised their price target on Flutter Entertainment from GBX 9,500 ($124.97) to £135 ($177.58) and gave the stock a buy rating in a research report on Wednesday. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. Flutter Entertainment presently has a consensus rating of Hold and a consensus target price of GBX 8,639 ($113.64).
Shares of LON FLTR traded up GBX 40 ($0.53) during mid-day trading on Friday, reaching GBX 8,266 ($108.73). The company had a trading volume of 700,574 shares. The company has a debt-to-equity ratio of 14.31, a quick ratio of 0.23 and a current ratio of 0.63. Flutter Entertainment has a one year low of GBX 5,390 ($70.90) and a one year high of GBX 9,532 ($125.39). The firm has a market cap of $6.48 billion and a price-to-earnings ratio of 35.01. The business’s 50-day simple moving average is GBX 8,835.12 and its 200 day simple moving average is GBX 8,174.07.
About Flutter Entertainment
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.
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