Flutter Entertainment (LON:FLTR - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Berenberg Bank in a research report issued on Friday, MarketBeat reports. They presently have a £247 ($331.68) price target on the stock. Berenberg Bank's price target indicates a potential upside of 10.12% from the company's previous close.
Separately, JPMorgan Chase & Co. increased their target price on Flutter Entertainment from £268 ($359.88) to £271 ($363.90) and gave the company an "overweight" rating in a report on Thursday, July 10th.
View Our Latest Stock Analysis on FLTR
Flutter Entertainment Price Performance
Shares of LON:FLTR traded up GBX 600 ($8.06) on Friday, reaching £224.30 ($301.20). 40,807 shares of the company traded hands, compared to its average volume of 210,537. Flutter Entertainment has a fifty-two week low of £137.45 ($184.57) and a fifty-two week high of £237 ($318.25). The company's 50 day moving average is £195.43 and its 200-day moving average is £195.75. The stock has a market capitalization of £50.77 billion, a PE ratio of -79.95, a P/E/G ratio of 1.76 and a beta of 1.24. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70.
Insider Activity
In other Flutter Entertainment news, insider Rob Coldrake sold 129 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of £184 ($247.08), for a total transaction of £23,736 ($31,873.24). Also, insider Peter Jackson sold 1,659 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of £184 ($247.08), for a total transaction of £305,256 ($409,904.66). 0.08% of the stock is currently owned by company insiders.
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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