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Flutter Entertainment (LON:FLTR) Reaches New 1-Year High - Time to Buy?

Flutter Entertainment logo with Consumer Cyclical background

Shares of Flutter Entertainment plc (LON:FLTR - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as £212.10 ($268.38) and last traded at £210.40 ($266.23), with a volume of 96101 shares traded. The stock had previously closed at £210 ($265.72).

Analyst Upgrades and Downgrades

FLTR has been the subject of several recent analyst reports. Shore Capital reissued a "hold" rating on shares of Flutter Entertainment in a report on Tuesday, September 17th. Berenberg Bank lifted their price objective on Flutter Entertainment from £188 ($237.88) to £203 ($256.86) and gave the stock a "buy" rating in a research report on Thursday, October 24th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of £201.47 ($254.93).

View Our Latest Report on Flutter Entertainment

Flutter Entertainment Trading Down 1.2 %

The business's 50-day moving average is £180.72 and its two-hundred day moving average is £163.40. The stock has a market capitalization of £36.95 billion, a PE ratio of -3,671.96, a PEG ratio of 1.76 and a beta of 1.24. 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

(Get Free Report)

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.

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