Flutter Entertainment (LON:FLTR) Trading Down 7.9% – Should You Sell?
by Tristan Rich · The Markets DailyFlutter Entertainment plc (LON:FLTR – Get Free Report) shares dropped 7.9% during trading on Saturday . The company traded as low as GBX 9,050 and last traded at GBX 9,665.40. Approximately 219,305 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 430,762 shares. The stock had previously closed at £104.95.
Trending Headlines about 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.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on FLTR. Peel Hunt reiterated a “hold” rating and issued a £223 price objective on shares of Flutter Entertainment in a report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Berenberg Bank lifted their price target on shares of Flutter Entertainment from £181 to £213 and gave the company a “buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. dropped their price objective on shares of Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research note on Tuesday, December 2nd. Finally, Citigroup decreased their target price 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. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Flutter Entertainment currently has a consensus rating of “Moderate Buy” and an average price target of £224.60.
Read Our Latest Stock Report on Flutter Entertainment
Flutter Entertainment Stock Down 7.9%
The company has a market capitalization of £16.94 billion, a PE ratio of -76.11, a P/E/G ratio of 1.76 and a beta of 1.24. The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.70 and a current ratio of 0.90. The company’s 50-day moving average is £144.31 and its 200 day moving average is £176.22.
About Flutter Entertainment
Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.