Flutter Entertainment (LON:FLTR – Get Free Report) had its price objective lowered by research analysts at JPMorgan Chase & Co. from £171 ($210.00) to £157 ($192.80) in a report released on Monday, Digital Look reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 22.03% from the stock’s previous close.
Several other research firms have also commented on FLTR. Berenberg Bank increased their price target on shares of Flutter Entertainment from £160 ($196.49) to £169 ($207.54) and gave the company a “buy” rating in a research report on Tuesday, September 26th. Shore Capital reissued a “hold” rating on shares of Flutter Entertainment in a research report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of £144.15 ($177.02).
Flutter Entertainment Stock Up 1.3 %
In other news, insider Holly Keller Koeppel purchased 1,000 shares of the stock in a transaction on Tuesday, November 14th. The stock was bought at an average price of £126.52 ($155.37) per share, with a total value of £126,520 ($155,372.71). Corporate insiders own 0.08% of the company’s stock.
Flutter Entertainment Company Profile
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; lottery; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.
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