Flutter Entertainment (LON:FLTR - Get Free Report) had its target price raised by investment analysts at JPMorgan Chase & Co. from £268 ($364.08) to £271 ($368.16) in a note issued to investors on Thursday, MarketBeat reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 26.46% from the company's current price.
Separately, Berenberg Bank restated a "buy" rating and set a £247 ($335.55) price objective on shares of Flutter Entertainment in a research report on Friday, March 14th.
Check Out Our Latest Analysis on FLTR
Flutter Entertainment Stock Performance
Flutter Entertainment stock traded up GBX 110 ($1.49) during trading hours on Thursday, reaching £214.30 ($291.13). 24,210 shares of the stock were exchanged, compared to its average volume of 215,391. The stock has a market cap of £48.51 billion, a P/E ratio of -76.38, 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 quick ratio of 0.70 and a current ratio of 0.90. Flutter Entertainment has a 52-week low of £137.45 ($186.73) and a 52-week high of £237 ($321.97). The firm's 50 day moving average is £192.06 and its 200 day moving average is £195.35.
Insider Transactions at Flutter Entertainment
In other news, insider Rob Coldrake sold 129 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of £184 ($249.97), for a total value of £23,736 ($32,245.62). Also, insider Peter Jackson sold 1,659 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of £184 ($249.97), for a total transaction of £305,256 ($414,693.66). Company insiders own 0.08% of the company's stock.
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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