Flutter Entertainment (LON:FLTR) Earns Hold Rating from Shore Capital

Shore Capital reiterated their hold rating on shares of Flutter Entertainment (LON:FLTR) in a report released on Tuesday morning, Marketbeat.com reports.

Several other equities analysts have also recently issued reports on the company. Berenberg Bank boosted their price target on Flutter Entertainment from £186 ($245.71) to £188 ($248.35) and gave the company a buy rating in a research report on Friday, August 23rd. JPMorgan Chase & Co. cut their price target on Flutter Entertainment from £213 ($281.37) to £207 ($273.45) and set an overweight rating for the company in a research note on Wednesday, June 12th. Finally, Jefferies Financial Group reiterated a buy rating and issued a £220 ($290.62) price objective on shares of Flutter Entertainment in a research report on Tuesday, May 28th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Flutter Entertainment has an average rating of Moderate Buy and an average price target of £197.72 ($261.19).

Flutter Entertainment Stock Performance

Shares of Flutter Entertainment stock opened at £173.75 ($229.52) on Tuesday. Flutter Entertainment has a 12 month low of £120.20 ($158.78) and a 12 month high of £179.80 ($237.52). The company has a debt-to-equity ratio of 64.90, a current ratio of 0.90 and a quick ratio of 0.70. The stock has a market capitalization of £30.89 billion, a price-to-earnings ratio of -3,080.67, a PEG ratio of 1.76 and a beta of 1.23. The firm’s fifty day simple moving average is £157.89 and its 200-day simple moving average is £156.52.

About Flutter Entertainment

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.