JPMorgan Chase & Co. Analysts Give Flutter Entertainment (LON:FLTR) a £159 Price Target

Flutter Entertainment (LON: FLTR – Get Rated ) Analysts at JPMorgan set a price target of 159 pounds ($196.86) in a research note to investors on Friday, Borsen Zeitung reported. The JPMorgan Chase & Co. price target suggests a potential upside of 25.59% from the company’s current price.

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Several other research analysts have also recently released reports on FLTR. Deutsche Bank Aktiengesellschaft set a price target on shares of Flutter Entertainment of £151.47 ($187.53) in a research note on Thursday, November 17th. Goldman Sachs set a £134 ($165.90) ​​target price on shares of Flutter Entertainment in a research report on Wednesday, November 9th. Jefferies Financial Group set a £129 ($159.71) price objective on shares of Flutter Entertainment in a research report on Thursday, November 17th. UBS set a £140 ($173.33) price target on shares of Flutter Entertainment in a research report on Thursday, January 5th. Finally, Barclays set a £110 ($136.19) price target on shares of Flutter Entertainment in a research note on Monday, November 28th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and an average price target of £137.35 ($170.05).

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Flutter Entertainment shares fell 0.8%

Shares in LON:FLTR opened at £126.60 ($156.74) on Friday. Flutter Entertainment had a fifty-two-week low of GBX 7,340 ($90.88) and a fifty-two-week high of £130.17 ($161.16). The company’s 50-day simple moving average is £119.14 and the 200-day simple moving average is £106.98. The company has a market capitalization of £22.26 billion and a P/E ratio of -53.53. The company has a quick ratio of 0.70, a current ratio of 0.81, and a debt-to-equity ratio of 42.18.

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In other Flutter Entertainment news, insider Jonathan Hill sold 1,016 shares of the company in a trade that occurred on Tuesday, November 22. The stock sold at an average price of £113.65 ($140.71), with a total turnover of £115,468.40 ($142,959.51). In related news, insider Peter Jackson sold 329 shares of the company during trading on Thursday, November 17. The shares sold for an average of £112.82 ($139.68), for a total transaction value of £37,117.78 ($45,954.91). Additionally, insider Jonathan Hill sold 1,016 shares of the company in a trade dated Tuesday, November 22nd. The stock sold at an average price of £113.65 ($140.71), with a total turnover of £115,468.40 ($142,959.51).

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Flutter Entertainment Company Profile

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Flutter Entertainment plc operates as a sportsbook in the UK, Ireland, Australia, the US and internationally. The company operates through four segments: UK & Ireland, Australia, International and US. It offers sports betting and redemption sports betting products, daily fantasy sports products and pari-mutuel betting products; fixed odds game betting products; online games and casinos; peer-to-peer games, including online bingo, rummy and poker; and business-to-business services.

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Analyst recommendations on Flutter Entertainment (LON: FLTR )

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