Peter Jackson Sells 3,084 Shares of Flutter Entertainment (LON:FLTR) Stock

Flutter Entertainment plc (LON:FLTR) insider Peter Jackson sold 3,084 shares of Flutter Entertainment stock in a transaction dated Monday, May 11th. The stock was sold at an average price of GBX 7,210, for a total value of £222,356.40.

Flutter Entertainment Trading Down 1.5%

FLTR traded down GBX 101.95 during midday trading on Tuesday, hitting GBX 6,908.05. 126,852 shares of the company were exchanged, compared to its average volume of 251,811. The firm has a market capitalization of £12.02 billion, a P/E ratio of -39.47, a P/E/G ratio of 1.76 and a beta of 1.15. Flutter Entertainment plc has a 1-year low of GBX 6,722 and a 1-year high of £236.10. The firm’s 50 day moving average price is GBX 7,931.86 and its 200-day moving average price is £122.67. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 142.42.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Berenberg Bank boosted their price objective on Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research note on Monday, January 19th. Citigroup downgraded Flutter Entertainment to a “sell” rating and dropped their price objective for the company from £158 to GBX 6,800 in a research note on Thursday, April 16th. Jefferies Financial Group reissued a “buy” rating and issued a £160 price objective on shares of Flutter Entertainment in a research note on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and an average price target of £184.50.

Flutter Entertainment Company Profile

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