Brokerages Set Flutter Entertainment plc (NYSE:FLUT) Target Price at $87.98

Flutter Entertainment plc (NYSE:FLUT) has received an average rating of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $87.98.

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded Flutter Entertainment from a “neutral” rating to an “overweight” rating in a research note on Wednesday, March 13th. Barclays upgraded Flutter Entertainment from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 27th.

Flutter Entertainment Trading Down 5.9 %

Shares of NYSE:FLUT opened at $202.14 on Friday. The stock has a fifty day simple moving average of $165.87 and a two-hundred day simple moving average of $111.92. Flutter Entertainment has a 12-month low of $148.00 and a 12-month high of $226.40.

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.