Flutter Entertainment (LON:FLTR) Given New £158 Price Target at Citigroup

Flutter Entertainment (LON:FLTR) had its price objective trimmed by Citigroup from £244 to £158 in a report released on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the company. Berenberg Bank boosted their price objective on Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. lowered their price target on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Finally, Peel Hunt reaffirmed a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a research report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of £207.40.

Flutter Entertainment Trading Up 0.8%

FLTR opened at GBX 8,610 on Thursday. The business has a fifty day moving average price of £123.03 and a 200 day moving average price of £163.16. The company has a debt-to-equity ratio of 137.21, a current ratio of 0.96 and a quick ratio of 0.70. Flutter Entertainment has a 12 month low of GBX 7,560 and a 12 month high of £236.10. The stock has a market capitalization of £15.09 billion, a price-to-earnings ratio of -67.80, a PEG ratio of 1.76 and a beta of 1.14.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.