Flutter Entertainment (LON:FLTR – Get Free Report) had its price objective reduced by stock analysts at JPMorgan Chase & Co. from £171 ($210.00) to £157 ($192.80) in a report released on Monday, Digital Look reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 22.03% from the company’s previous close.
A number of other research analysts also recently commented on FLTR. Berenberg Bank boosted their price objective on shares of Flutter Entertainment from £160 ($196.49) to £169 ($207.54) and gave the company a “buy” rating in a research report on Tuesday, September 26th. Shore Capital restated a “hold” rating on shares of Flutter Entertainment in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of £144.15 ($177.02).
Flutter Entertainment Stock Up 1.3 %
Insiders Place Their Bets
In related news, insider Holly Keller Koeppel bought 1,000 shares of Flutter Entertainment stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average cost of £126.52 ($155.37) per share, for a total transaction of £126,520 ($155,372.71). Company insiders own 0.08% of the company’s stock.
Flutter Entertainment Company Profile
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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