Flutter Entertainment (LON:FLTR) Receives “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Flutter Entertainment (LON:FLTRFree Report) in a report released on Monday morning,Digital Look reports. They currently have a £160 price objective on the stock.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. downgraded shares of Flutter Entertainment to an “overweight” rating and cut their target price for the stock from £127 to £115 in a research note on Thursday, May 14th. Berenberg Bank reaffirmed a “buy” rating and issued a £129 target price on shares of Flutter Entertainment in a research report on Thursday, May 14th. Finally, Citigroup upgraded shares of Flutter Entertainment to a “sell” rating in a research report on Monday, June 29th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of £147.50.

View Our Latest Stock Report on FLTR

Flutter Entertainment Stock Performance

Shares of Flutter Entertainment stock opened at GBX 8,008 on Monday. The stock has a market capitalization of £13.89 billion, a price-to-earnings ratio of -38.13, a price-to-earnings-growth ratio of 1.76 and a beta of 1.09. The company has a debt-to-equity ratio of 142.42, a current ratio of 0.95 and a quick ratio of 0.70. The business has a 50-day moving average of GBX 7,585.85 and a 200 day moving average of GBX 9,826.10. Flutter Entertainment has a 12 month low of GBX 6,722 and a 12 month high of £236.10.

Insider Transactions at Flutter Entertainment

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

About Flutter Entertainment

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

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Analyst Recommendations for Flutter Entertainment (LON:FLTR)

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