Flutter Entertainment (LON:FLTR - Free Report) had its price target hoisted by Berenberg Bank from £188 ($244.09) to £203 ($263.57) in a research report released on Thursday, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.
Separately, Shore Capital reissued a "hold" rating on shares of Flutter Entertainment in a report on Tuesday, September 17th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Flutter Entertainment presently has an average rating of "Moderate Buy" and a consensus price target of £201.47 ($261.58).
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Flutter Entertainment Stock Performance
Shares of Flutter Entertainment stock traded down GBX 155 ($2.01) on Thursday, hitting £174.15 ($226.11). 120,981 shares of the company's stock were exchanged, compared to its average volume of 969,378. The company has a debt-to-equity ratio of 64.90, a quick ratio of 0.70 and a current ratio of 0.90. The stock has a market capitalization of £30.97 billion, a PE ratio of -3,061.73, a PEG ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a 1 year low of £120.20 ($156.06) and a 1 year high of £188.45 ($244.68). The company has a 50-day simple moving average of £170.60 and a 200-day simple moving average of £158.46.
About Flutter Entertainment
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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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