Flutter Entertainment (NYSE:FLUT) Sees Strong Trading Volume

Shares of Flutter Entertainment plc (NYSE:FLUT) saw strong trading volume on Friday . 104,335 shares changed hands during trading, a decline of 26% from the previous session’s volume of 140,244 shares.The stock last traded at $189.33 and had previously closed at $191.77.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Barclays raised shares of Flutter Entertainment from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 27th. Wells Fargo & Company began coverage on Flutter Entertainment in a report on Thursday, April 4th. They issued an “equal weight” rating on the stock. JMP Securities restated a “market outperform” rating on shares of Flutter Entertainment in a report on Monday, April 1st. Finally, JPMorgan Chase & Co. upgraded Flutter Entertainment from a “neutral” rating to an “overweight” rating in a research note on Wednesday, March 13th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $17,142.50.

Flutter Entertainment Stock Down 2.8 %

The firm has a 50 day moving average of $188.44 and a 200-day moving average of $120.94.

Flutter Entertainment Company Profile

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.