Flutter Entertainment (LON:FLTR) Price Target Cut to £190 by Analysts at Deutsche Bank Aktiengesellschaft

Flutter Entertainment (LON:FLTR) had its price objective cut by Deutsche Bank Aktiengesellschaft from £202 to £190 in a report released on Friday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Citigroup dropped their price objective on Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a report on Friday, November 28th. Peel Hunt restated a “hold” rating and set a £223 price target on shares of Flutter Entertainment in a research note on Thursday, November 13th. Berenberg Bank boosted their price objective on Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research note on Monday, January 19th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of £224.60.

Flutter Entertainment Trading Down 2.7%

LON FLTR opened at £129.90 on Friday. The firm’s fifty day moving average price is £155.39 and its 200 day moving average price is £187.10. Flutter Entertainment has a 12 month low of £128.95 and a 12 month high of £237. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70. The company has a market capitalization of £22.76 billion, a price-to-earnings ratio of -102.28, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

About Flutter Entertainment

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