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Flutter Entertainment (LON:FLTR) Reaches New 12-Month High - What's Next?

Flutter Entertainment logo with Consumer Cyclical background

Shares of Flutter Entertainment plc (LON:FLTR - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as £209.60 ($269.72) and last traded at £205.60 ($264.57), with a volume of 211331 shares. The stock had previously closed at £192.70 ($247.97).

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FLTR. Shore Capital restated a "hold" rating on shares of Flutter Entertainment in a report on Tuesday, September 17th. Berenberg Bank boosted their price target on Flutter Entertainment from £188 ($241.93) to £203 ($261.23) and gave the stock a "buy" rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Flutter Entertainment currently has an average rating of "Moderate Buy" and a consensus price target of £201.47 ($259.26).

View Our Latest Stock Analysis on Flutter Entertainment

Flutter Entertainment Price Performance

The company has a debt-to-equity ratio of 64.90, a current ratio of 0.90 and a quick ratio of 0.70. The stock's fifty day simple moving average is £177.02 and its 200-day simple moving average is £161.69. The company has a market capitalization of £37.48 billion, a P/E ratio of -3,664.90, a PEG ratio of 1.76 and a beta of 1.24.

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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