Deutsche Bank Aktiengesellschaft Raises Flutter Entertainment (LON:FLTR) Price Target to £175.89

Flutter Entertainment (LON:FLTR) had its price target increased by Deutsche Bank Aktiengesellschaft from £171.54 ($213.54) to £175.89 ($218.96) in a research note published on Tuesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

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

Flutter Entertainment Trading Up 0.5 %

Shares of FLTR stock opened at £148.40 ($184.74) on Tuesday. The stock has a market cap of £26.29 billion, a price-to-earnings ratio of -2,722.94, a P/E/G ratio of 1.76 and a beta of 0.88. The company has a debt-to-equity ratio of 66.26, a quick ratio of 0.70 and a current ratio of 0.88. The firm has a fifty day moving average of £163.73 and a 200-day moving average of £146.33. Flutter Entertainment has a 52-week low of £120.20 ($149.63) and a 52-week high of £179.80 ($223.83).

Insiders Place Their Bets

In other Flutter Entertainment news, insider Peter Jackson sold 21,688 shares of the 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). Insiders own 0.05% of the company’s stock.

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.