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Flutter Entertainment (LON:FLTR) Given "Overweight" Rating at JPMorgan Chase & Co.

Flutter Entertainment logo with Consumer Cyclical background

JPMorgan Chase & Co. reissued their overweight rating on shares of Flutter Entertainment (LON:FLTR - Free Report) in a research note released on Wednesday, MarketBeat.com reports.

Separately, Berenberg Bank reiterated a "buy" rating and set a £247 ($337.29) price objective on shares of Flutter Entertainment in a research report on Friday, March 14th.

Read Our Latest Analysis on FLTR

Flutter Entertainment Stock Performance

FLTR traded down GBX 60 ($0.82) during trading hours on Wednesday, reaching £205.40 ($280.49). The company's stock had a trading volume of 140,701 shares, compared to its average volume of 224,828. Flutter Entertainment has a 52 week low of £137.45 ($187.70) and a 52 week high of £237 ($323.64). The company's 50-day moving average is £188.32 and its 200-day moving average is £195.56. 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 firm has a market cap of £46.49 billion, a PE ratio of -73.21, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

Insider Buying and Selling at Flutter Entertainment

In other news, insider Rob Coldrake sold 129 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of £184 ($251.26), for a total transaction of £23,736 ($32,412.95). Also, insider Peter Jackson sold 1,659 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of £184 ($251.26), for a total value of £305,256 ($416,845.56). Corporate insiders own 0.08% of the company's stock.

About Flutter Entertainment

(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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