Recent Research Analysts’ Ratings Changes for Flutter Entertainment (FLUT)

A number of firms have modified their ratings and price targets on shares of Flutter Entertainment (NYSE: FLUT) recently:

• 3/10/2025 – Flutter Entertainment was upgraded by analysts at Peel Hunt from a “hold” rating to an “add” rating.
• 3/6/2025 – Flutter Entertainment had its price target raised by analysts at UBS Group AG from $335.00 to $340.00. They now have a “buy” rating on the stock.
• 3/5/2025 – Flutter Entertainment had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
• 3/5/2025 – Flutter Entertainment had its price target lowered by analysts at Susquehanna from $317.00 to $315.00. They now have a “positive” rating on the stock.
• 3/5/2025 – Flutter Entertainment had its price target raised by analysts at Wells Fargo & Company from $285.00 to $300.00. They now have an “overweight” rating on the stock.
• 3/5/2025 – Flutter Entertainment had its price target raised by analysts at Barclays PLC from $301.00 to $308.00. They now have an “overweight” rating on the stock.
• 3/5/2025 – Flutter Entertainment had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $340.00 price target on the stock.
• 3/5/2025 – Flutter Entertainment had its price target raised by analysts at Benchmark Co. from $275.00 to $300.00. They now have a “buy” rating on the stock.
• 3/5/2025 – Flutter Entertainment had its price target raised by analysts at Needham & Company LLC from $300.00 to $310.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Flutter Entertainment is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $330.00 price target on the stock.
• 2/3/2025 – Flutter Entertainment was given a new $323.00 price target on by analysts at BTIG Research.
• 1/28/2025 – Flutter Entertainment had its price target raised by analysts at UBS Group AG from $320.00 to $335.00. They now have a “buy” rating on the stock.

Flutter Entertainment Stock Up 2.5 %

FLUT stock opened at $247.02 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.89 and a quick ratio of 0.89. The company’s 50 day simple moving average is $263.02 and its 200-day simple moving average is $253.65. Flutter Entertainment plc has a 12 month low of $174.03 and a 12 month high of $299.73. The firm has a market capitalization of $43.84 billion and a PE ratio of 1,122.80.

Insider Activity at Flutter Entertainment

In other news, CEO Amy Howe sold 11,814 shares of Flutter Entertainment stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $260.50, for a total value of $3,077,547.00. Following the completion of the sale, the chief executive officer now owns 62,941 shares of the company’s stock, valued at $16,396,130.50. The trade was a 15.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeremy Peter Jackson sold 25,027 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $261.96, for a total value of $6,556,072.92. Following the transaction, the director now owns 21,148 shares in the company, valued at $5,539,930.08. This trade represents a 54.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Hedge Funds Weigh In On Flutter Entertainment

A number of hedge funds have recently made changes to their positions in the business. Parvus Asset Management Europe Ltd acquired a new stake in Flutter Entertainment in the 4th quarter valued at $2,146,227,000. Norges Bank purchased a new stake in shares of Flutter Entertainment during the 4th quarter valued at about $946,681,000. Bank of Montreal Can lifted its position in Flutter Entertainment by 868.5% during the 3rd quarter. Bank of Montreal Can now owns 3,367,022 shares of the company’s stock worth $798,927,000 after acquiring an additional 3,019,376 shares in the last quarter. Invesco Ltd. acquired a new position in Flutter Entertainment during the 4th quarter worth approximately $621,680,000. Finally, Lone Pine Capital LLC purchased a new position in Flutter Entertainment in the 4th quarter worth approximately $494,291,000.

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.