Deutsche Bank Aktiengesellschaft Lowers Flutter Entertainment (LON:FLTR) Price Target to £190

Flutter Entertainment (LON:FLTR) had its target price dropped by investment analysts at Deutsche Bank Aktiengesellschaft from £202 to £190 in a report released on Friday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 41.98% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Berenberg Bank raised their price objective on shares of Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a research note on Monday. Peel Hunt reiterated a “hold” rating and issued a £223 price target on shares of Flutter Entertainment in a report on Thursday, November 13th. JPMorgan Chase & Co. decreased their price target on Flutter Entertainment from £271 to £253 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Finally, Citigroup dropped their price objective on Flutter Entertainment from £254 to £244 and set a “buy” rating for the company in a report on Friday, November 28th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of £224.60.

Flutter Entertainment Price Performance

Flutter Entertainment stock opened at £133.83 on Friday. Flutter Entertainment has a 12-month low of £133.05 and a 12-month high of £237. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74. The firm has a 50-day moving average price of £155.84 and a 200-day moving average price of £187.61. The firm has a market capitalization of £23.45 billion, a PE ratio of -105.38, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

Flutter Entertainment Company Profile

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