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

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

Other analysts have also recently issued research reports about the company. 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. Berenberg Bank raised their price target on Flutter Entertainment from £170 ($211.63) to £186 ($231.54) and gave the company a buy rating in a report on Friday, February 16th. Finally, JPMorgan Chase & Co. restated an overweight rating and set a £213 ($265.16) price target on shares of Flutter Entertainment in a report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of £192.47 ($239.60).

Flutter Entertainment Stock Performance

LON:FLTR opened at £148.40 ($184.74) on Tuesday. The company has a current ratio of 0.88, a quick ratio of 0.70 and a debt-to-equity ratio of 66.26. Flutter Entertainment has a 12-month low of £120.20 ($149.63) and a 12-month high of £179.80 ($223.83). The stock has a 50-day moving average price of £163.73 and a 200 day moving average price of £146.33. The stock has a market capitalization of £26.29 billion, a P/E ratio of -2,722.94, a P/E/G ratio of 1.76 and a beta of 0.88.

Insider Buying and Selling at Flutter Entertainment

In other news, insider Peter Jackson sold 21,688 shares of Flutter Entertainment stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of £157.85 ($196.50), for a total value of £3,423,450.80 ($4,261,733.85). 0.05% of the stock is currently owned by company insiders.

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.