Flutter Entertainment (LON:FLTR) PT Raised to £175.89 at Deutsche Bank Aktiengesellschaft

Flutter Entertainment (LON:FLTR) had its price target increased by analysts at Deutsche Bank Aktiengesellschaft from £171.54 ($213.54) to £175.89 ($218.96) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 19.17% from the company’s previous close.

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

Flutter Entertainment Stock Performance

Shares of LON FLTR opened at £147.60 ($183.74) on Tuesday. The company has a current ratio of 0.88, a quick ratio of 0.70 and a debt-to-equity ratio of 66.26. The stock has a 50 day simple moving average of £164.54 and a 200-day simple moving average of £146.21. The company has a market cap of £26.14 billion, a PE ratio of -2,708.26, a P/E/G ratio of 1.76 and a beta of 0.88. Flutter Entertainment has a 12-month low of £120.20 ($149.63) and a 12-month high of £179.80 ($223.83).

Insider Buying and Selling at Flutter Entertainment

In other Flutter Entertainment news, insider Peter Jackson sold 21,688 shares of the business’s stock in a transaction on 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). Company insiders own 0.05% of the company’s stock.

About Flutter Entertainment

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.