Flutter Entertainment (LON:FLTR) Price Target Increased to £175.89 by Analysts at Deutsche Bank Aktiengesellschaft

Flutter Entertainment (LON:FLTR) had its target price raised by Deutsche Bank Aktiengesellschaft from £171.54 ($213.54) to £175.89 ($218.96) in a report published on Tuesday morning, Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

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

Flutter Entertainment Stock Down 0.8 %

Shares of LON:FLTR opened at £148.80 ($185.24) on Tuesday. The firm has a fifty day moving average price of £164.88 and a two-hundred day moving average price of £146.20. The company has a debt-to-equity ratio of 66.26, a current ratio of 0.88 and a quick ratio of 0.70. Flutter Entertainment has a one year low of £120.20 ($149.63) and a one year high of £179.80 ($223.83). The company has a market cap of £26.36 billion, a price-to-earnings ratio of -2,733.94, a PEG ratio of 1.76 and a beta of 0.88.

Insider Buying and Selling

In related news, insider Peter Jackson sold 21,688 shares of the business’s stock in a transaction dated 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). 0.05% of the stock is currently owned by insiders.

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.