Flutter Entertainment (LON:FLTR) Price Target Increased to £175.89 by Analysts at Deutsche Bank Aktiengesellschaft

Flutter Entertainment (LON:FLTR) had its price target increased by Deutsche Bank Aktiengesellschaft from £171.54 ($213.54) to £175.89 ($218.96) in a report issued on Tuesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 18.05% from the stock’s current price.

A number of other equities research analysts have also commented on the stock. Berenberg Bank upped their price target on shares of Flutter Entertainment from £170 ($211.63) to £186 ($231.54) and gave the company a “buy” rating in a report on Friday, February 16th. Jefferies Financial Group reiterated a “buy” rating and set a £195 ($242.75) price target on shares of Flutter Entertainment in a report on Monday, December 18th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a £213 ($265.16) price target on shares of Flutter Entertainment in a report on Thursday, April 4th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Flutter Entertainment presently has a consensus rating of “Moderate Buy” and an average target price of £192.47 ($239.60).

Flutter Entertainment Trading Down 0.7 %

Shares of FLTR opened at £149 ($185.48) on Tuesday. The firm has a market cap of £26.39 billion, a price-to-earnings ratio of -2,733.03, a PEG ratio of 1.76 and a beta of 0.88. The company has a debt-to-equity ratio of 66.26, a quick ratio of 0.70 and a current ratio of 0.88. Flutter Entertainment has a fifty-two week low of £120.20 ($149.63) and a fifty-two week high of £179.80 ($223.83). The firm has a 50 day moving average price of £164.88 and a 200-day moving average price of £146.20.

Insider Activity at Flutter Entertainment

In related news, insider Peter Jackson sold 21,688 shares of the stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of £157.85 ($196.50), for a total transaction of £3,423,450.80 ($4,261,733.85). 0.05% of the stock is currently owned by insiders.

Flutter Entertainment Company Profile

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.