Flutter Entertainment (LON: FLTR – Get a rating) It received a £140 ($168.67) price target from equity researchers at UBS Group in a research note issued Thursday, Borsen Zeitung reports. The price target for UBS Group indicates a potential upside of 18.69% from the current share price.
Many other equity analysts also influenced the company. Barclays set a price target of £110 ($132.53) on Flutter Entertainment in a research note on Monday, November 28th. Jefferies Financial Group has set a price target of £129 ($155.42) on Flutter Entertainment in a report on Thursday, November 17th. Shore Capital reiterated its “hold” rating on stock of Flutter Entertainment in a report released on Wednesday, November 9th. Deutsche Bank Aktiengesellschaft has set a price target of £151.47 ($182.49) on Flutter Entertainment in a report on Thursday, November 17th. Finally, Citigroup reiterated the “Neutral” rating on shares of Flutter Entertainment in a report on Wednesday, October 12th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an agreed price target of £140.18 ($168.90).
Flutter Entertainment Trading fell 0.8%.
Shares of LON FLTR traded down GBX 90 ($1.08) during midday trading Thursday, to reach £117.95 ($142.11). The share’s trading volume amounted to 237,390 shares, compared to an average trading volume of 491,251. The company has a market capitalization of £20.74 billion and a price-to-earnings ratio of -49.87. Flutter Entertainment has a one-year low of GBX 7340 ($88.43) and a one-year high of £123.65 ($148.98). The company has a quick ratio of 0.70, a trading ratio of 0.81 and a debt-to-equity ratio of 42.18. The company has a fifty-day moving average of £116.55 and a 200-day moving average of £102.88.
Insiders place their bets
In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of Flutter Entertainment stock in a transaction that occurred on Tuesday, November 22. The stock was sold at an average price of £113.65 ($136.93), for a deal total of £115,468.40 ($139,118.55). In other news, insider Peter Jackson sold 329 shares of the company’s stock in a transaction that occurred Thursday, November 17th. The stock was sold at an average price of £112.82 ($135.93), for a total value of £37,117.78 ($44,720.22). Also, insider Jonathan Hill sold 1,016 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of £113.65 ($136.93), for a total value of £115,468.40 ($139,118.55).
Flutter Entertainment Company Profile
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Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States and internationally. The company operates through four segments: United Kingdom, Ireland, Australia, International and United States. offers sportsbooks, cross-sports betting products, daily fantasy sports products, and cross-sports betting products; betting products on fixed odds games; online games and casinos; peer-to-peer games, including bingo, rummy, and online poker; and intercompany services.
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