Flutter Entertainment (LON:FLTR) Stock Price Down 7.9% – Here’s Why
by Scott Moore · The Cerbat GemShares of Flutter Entertainment plc (LON:FLTR – Get Free Report) were down 7.9% on Saturday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. Approximately 219,305 shares traded hands during trading, a decline of 49% from the average daily volume of 430,762 shares. The stock had previously closed at £104.95.
Key Stories Impacting Flutter Entertainment
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Key takeaway — one-sentence reason why the stock moved.
- Neutral Sentiment: Details — 2–3 bullets on facts from the articles (earnings, guidance, regulatory actions, M&A, analyst moves, macro impacts).
- Negative Sentiment: Implications for investors — expected near-term catalysts, risks, and what to watch next (dates, metrics, guidance revisions).
- Neutral Sentiment: Source links — each bullet will include the article link for reference.
Analysts Set New Price Targets
A number of research firms have commented on FLTR. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Citigroup reduced their price objective on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating for the company in a research note on Friday, November 28th. Berenberg Bank lifted their target price on shares of Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research note on Monday, January 19th. Peel Hunt reaffirmed a “hold” rating and issued a £223 target price on shares of Flutter Entertainment in a report on Thursday, November 13th. Finally, JPMorgan Chase & Co. cut 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. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of £224.60.
View Our Latest Report on FLTR
Flutter Entertainment Stock Performance
The firm’s 50-day moving average price is £144.31 and its 200-day moving average price is £176.22. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70. The stock has a market cap of £16.94 billion, a P/E ratio of -76.11, a PEG ratio of 1.76 and a beta of 1.24.
About Flutter Entertainment
Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.