Flutter Entertainment (LON:FLTR) Price Target Raised to £213

Flutter Entertainment (LON:FLTR) had its price objective lifted by Berenberg Bank from £181 to £213 in a research note released on Monday morning, MarketBeat reports. Berenberg Bank currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Flutter Entertainment from £237.53 to £202 and set a “buy” rating for the company in a research note on Thursday, November 13th. Peel Hunt reiterated a “hold” rating and set a £223 price target on shares of Flutter Entertainment in a research note on Thursday, November 13th. JPMorgan Chase & Co. lowered their price objective on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Finally, Citigroup cut their target price on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a research note on Friday, November 28th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Flutter Entertainment presently has a consensus rating of “Moderate Buy” and a consensus target price of £227.

Flutter Entertainment Stock Performance

Shares of FLTR stock opened at £137.82 on Monday. The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.70 and a current ratio of 0.90. The firm has a market cap of £24.15 billion, a P/E ratio of -108.52, a P/E/G ratio of 1.76 and a beta of 1.24. The firm’s 50 day moving average price is £156.28 and its 200-day moving average price is £187.99. Flutter Entertainment has a one year low of £133.30 and a one year high of £237.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.