Flutter Entertainment (LON:FLTR - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued on Friday,Digital Look reports. They presently have a £247 ($333.11) price objective on the stock. Berenberg Bank's target price would suggest a potential upside of 15.64% from the stock's current price.
Separately, JPMorgan Chase & Co. increased their price target on shares of Flutter Entertainment from £268 ($361.43) to £271 ($365.48) and gave the stock an "overweight" rating in a research report on Thursday.
Read Our Latest Report on FLTR
Flutter Entertainment Stock Down 0.3%
Shares of Flutter Entertainment stock opened at £213.60 ($288.06) on Friday. The company has a market cap of £48.35 billion, a price-to-earnings ratio of -76.13, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company's 50 day moving average is £192.62 and its 200 day moving average is £195.23. Flutter Entertainment has a twelve month low of £137.45 ($185.37) and a twelve month high of £237 ($319.62). The company has a quick ratio of 0.70, a current ratio of 0.90 and a debt-to-equity ratio of 73.74.
Insider Buying and Selling at Flutter Entertainment
In other news, insider Rob Coldrake sold 129 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of £184 ($248.15), for a total transaction of £23,736 ($32,010.79). Also, insider Peter Jackson sold 1,659 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of £184 ($248.15), for a total transaction of £305,256 ($411,673.63). 0.08% of the stock is 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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