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Flutter Entertainment (LON:FLTR) Earns Buy Rating from Berenberg Bank

Flutter Entertainment logo with Consumer Cyclical background

Flutter Entertainment (LON:FLTR - Get Free Report)'s stock had its "buy" rating reiterated by Berenberg Bank in a research note issued to investors on Friday, August 15th, Marketbeat reports. They currently have a £247 price target on the stock. Berenberg Bank's price objective would suggest a potential upside of 11.39% from the stock's previous close.

Other equities research analysts also recently issued research reports about the stock. Citigroup upped their price target on shares of Flutter Entertainment from £252 to £275 and gave the company a "buy" rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Flutter Entertainment in a research report on Friday, August 8th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of £264.33.

View Our Latest Research Report on Flutter Entertainment

Flutter Entertainment Trading Up 1.1%

Shares of LON:FLTR traded up GBX 235.34 during mid-day trading on Friday, hitting £221.75. The stock had a trading volume of 24,840 shares, compared to its average volume of 186,361. The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.70 and a current ratio of 0.90. The company has a market cap of £50.19 billion, a PE ratio of -79.04, a P/E/G ratio of 1.76 and a beta of 1.24. Flutter Entertainment has a 12-month low of £147.45 and a 12-month high of £237. The company's 50 day moving average is £213.87 and its 200-day moving average is £197.47.

Flutter Entertainment Company Profile

(Get Free Report)

Flutter Entertainment is the world's largest online sports betting and gaming operator with a portfolio of globally recognised brands.

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