Flutter Entertainment plc (NYSE:FLUT – Get Free Report) has received a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $220.87.
A number of research analysts have recently commented on FLUT shares. Oppenheimer started coverage on shares of Flutter Entertainment in a report on Tuesday, June 4th. They issued an “outperform” rating and a $240.00 price target on the stock. JMP Securities reiterated a “market outperform” rating and issued a $246.00 target price on shares of Flutter Entertainment in a research note on Wednesday, May 15th. Benchmark reissued a “buy” rating and issued a $255.00 price target on shares of Flutter Entertainment in a report on Thursday, July 25th. BTIG Research upped their target price on Flutter Entertainment from $242.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, May 15th. Finally, Susquehanna cut their price objective on Flutter Entertainment from $249.00 to $235.00 and set a “positive” rating on the stock in a report on Thursday, May 30th.
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Hedge Funds Weigh In On Flutter Entertainment
Flutter Entertainment Trading Down 0.6 %
FLUT stock opened at $192.34 on Friday. Flutter Entertainment has a twelve month low of $148.00 and a twelve month high of $226.40. The business’s fifty day simple moving average is $192.98 and its two-hundred day simple moving average is $181.76.
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.
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