JMP Securities Reaffirms “Market Outperform” Rating for Flutter Entertainment (NYSE:FLUT)

Flutter Entertainment (NYSE:FLUTGet Free Report)‘s stock had its “market outperform” rating reissued by investment analysts at JMP Securities in a report issued on Monday, Benzinga reports.

Several other equities research analysts have also recently weighed in on FLUT. JPMorgan Chase & Co. raised Flutter Entertainment from a “neutral” rating to an “overweight” rating in a research note on Wednesday, March 13th. Barclays upgraded shares of Flutter Entertainment from an “equal weight” rating to an “overweight” rating in a report on Tuesday, February 27th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $17,142.50.

View Our Latest Stock Analysis on FLUT

Flutter Entertainment Stock Performance

Shares of NYSE FLUT traded down $2.05 during trading on Monday, reaching $198.94. 72,784 shares of the company traded hands, compared to its average volume of 129,561. The firm has a 50 day simple moving average of $177.55 and a 200-day simple moving average of $116.24. Flutter Entertainment has a 52-week low of $148.00 and a 52-week high of $226.40.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; lottery; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.

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