Flutter Entertainment plc (LON:FLTR) Given Consensus Rating of “Moderate Buy” by Analysts

Flutter Entertainment plc (LON:FLTR) has been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is £147.50.

A number of research analysts recently weighed in on FLTR shares. Berenberg Bank reaffirmed a “buy” rating and set a £129 price objective on shares of Flutter Entertainment in a research report on Thursday, May 14th. JPMorgan Chase & Co. lowered Flutter Entertainment to an “overweight” rating and reduced their price objective for the company from £127 to £115 in a research report on Thursday, May 14th. Citigroup lowered Flutter Entertainment to a “sell” rating and reduced their price objective for the company from £158 to GBX 6,800 in a research report on Thursday, April 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a £160 price objective on shares of Flutter Entertainment in a research report on Monday, June 8th.

Insider Buying and Selling

In other Flutter Entertainment news, insider Peter Jackson sold 3,084 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 7,210, for a total transaction of £222,356.40. Also, insider Carolan Lennon bought 520 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of GBX 6,814 per share, for a total transaction of £35,432.80. 3.03% of the stock is owned by company insiders.

Flutter Entertainment Stock Up 0.5%

FLTR stock opened at GBX 7,257.18 on Friday. Flutter Entertainment has a twelve month low of GBX 6,722 and a twelve month high of £236.10. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 142.42. The firm has a market cap of £12.58 billion, a PE ratio of -34.56, a price-to-earnings-growth ratio of 1.76 and a beta of 1.11. The business has a 50 day moving average of GBX 7,621.39 and a 200 day moving average of £101.86.

About Flutter Entertainment

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