Flutter Entertainment (LON:FLTR) Receives “Overweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Flutter Entertainment (LON:FLTR) in a research note issued to investors on Thursday, Marketbeat reports. JPMorgan Chase & Co. currently has a £213 ($265.16) price target on the stock.

A number of other research firms have also recently commented on FLTR. Berenberg Bank raised their target price on Flutter Entertainment from £170 ($211.63) to £186 ($231.54) and gave the company a buy rating in a research note on Friday, February 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on Flutter Entertainment from £171.54 ($213.54) to £175.89 ($218.96) and gave the company a buy rating in a research note on Tuesday. Two investment 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 company presently has a consensus rating of Moderate Buy and an average price target of £192.47 ($239.60).

Flutter Entertainment Trading Up 0.0 %

FLTR opened at £147.70 ($183.87) on Thursday. The stock has a market cap of £26.16 billion, a PE ratio of -2,709.17, a PEG ratio of 1.76 and a beta of 0.88. The company has a quick ratio of 0.70, a current ratio of 0.88 and a debt-to-equity ratio of 66.26. The business has a 50 day moving average of £164.15 and a 200-day moving average of £146.22. Flutter Entertainment has a 52 week low of £120.20 ($149.63) and a 52 week high of £179.80 ($223.83).

Insider Buying and Selling at Flutter Entertainment

In other news, insider Peter Jackson sold 21,688 shares of the business’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of £157.85 ($196.50), for a total value of £3,423,450.80 ($4,261,733.85). 0.05% of the stock is owned by company 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.