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Flutter Entertainment (FLTR) Stock Forecast & Price Target

Flutter Entertainment logo
£215.80 +230.00 (+1.08%)
(As of 11/22/2024 ET)

Flutter Entertainment - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
4

Based on 5 Wall Street analysts who have issued ratings for Flutter Entertainment in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for FLTR.

Consensus Price Target

£201.47
According to the 5 analysts' twelve-month price targets for Flutter Entertainment, the average price target is £201.47. The highest price target for FLTR is £220, while the lowest price target for FLTR is £175.89. The average price target represents a forecasted downside of -6.64% from the current price of £215.80.
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FLTR Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target£201.47£201.47£197.72£144.15
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

FLTR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FLTR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Flutter Entertainment Stock vs. The Competition

TypeFlutter EntertainmentConsumer Cyclical Companies
Consensus Rating Score
2.80
2.64
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent FLTR News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/24/2024Berenberg Bank
2 of 5 stars
 Boost TargetBuy£188 ➝ £203+16.83%
9/17/2024Shore Capital
1 of 5 stars
 Reiterated RatingHold
6/12/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetOverweight£213 ➝ £207+41.85%
5/28/2024Jefferies Financial Group
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 Reiterated RatingBuy£220+44.26%
4/16/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy£171.54 ➝ £175.89+18.09%
6/5/2023Barclays
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 Reiterated RatingEqual Weight
3/2/2023The Goldman Sachs Group
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Ben Andrews
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Set Target£134+5.26%
3/2/2023UBS Group
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Louise Wiseur
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Set Target£140+5.54%
2/14/2023Numis Securities
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 Reiterated RatingReduce£102-19.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:40 AM ET.


Should I Buy Flutter Entertainment Stock? FLTR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Flutter Entertainment pros and cons to contact@marketbeat.com.

Flutter Entertainment
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Flutter Entertainment plc:

  • Flutter Entertainment plc recently reached a new 52-week high, trading at £210.40 ($267.01), indicating strong market performance and investor confidence.
  • Analysts have a consensus rating of "Moderate Buy" for Flutter Entertainment plc, with four analysts issuing buy ratings, suggesting positive future growth potential.
  • The company has a robust market capitalization of approximately £37 billion, reflecting its significant presence and stability in the sports betting and gaming industry.
  • Berenberg Bank recently raised its target price for Flutter Entertainment plc from £188 to £203, indicating optimism about the company's future earnings potential.
  • Flutter Entertainment plc operates in multiple international markets, including the UK, Ireland, Australia, and the US, diversifying its revenue streams and reducing reliance on any single market.

Flutter Entertainment
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Flutter Entertainment plc for these reasons:

  • The company has a high debt-to-equity ratio of 64.90, which may indicate potential financial risk and could affect its ability to manage debt obligations effectively.
  • Flutter Entertainment plc has a negative price-to-earnings (P/E) ratio of -3,671.96, suggesting that the company is currently not profitable, which could deter risk-averse investors.
  • Despite recent highs, the stock has shown volatility, with a beta of 1.24, indicating that it may be more volatile than the overall market, which could pose risks for investors.
  • The current ratio of 0.90 and quick ratio of 0.70 suggest that the company may face challenges in meeting its short-term liabilities, raising concerns about liquidity.
  • Market conditions in the gaming industry can be unpredictable, and regulatory changes in key markets could impact Flutter Entertainment plc's operations and profitability.

FLTR Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Flutter Entertainment is £201.47, with a high forecast of £220 and a low forecast of £175.89.

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flutter Entertainment in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FLTR shares.

According to analysts, Flutter Entertainment's stock has a predicted downside of -6.64% based on their 12-month stock forecasts.

Flutter Entertainment has been rated by research analysts at Berenberg Bank, and Shore Capital in the past 90 days.

Analysts like Flutter Entertainment more than other "consumer cyclical" companies. The consensus rating score for Flutter Entertainment is 2.80 while the average consensus rating score for "consumer cyclical" companies is 2.65. Learn more on how FLTR compares to other companies.


This page (LON:FLTR) was last updated on 11/24/2024 by MarketBeat.com Staff
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