Flutter Entertainment (LON:FLTR) Shares Down 7.9% – Time to Sell?
by Sarita Garza · The Markets DailyFlutter Entertainment plc (LON:FLTR – Get Free Report) shares were down 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 were traded 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.
Key Headlines 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.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a research report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a research note on Friday, January 23rd. Peel Hunt reiterated a “hold” rating and set a £223 price objective on shares of Flutter Entertainment in a research note on Thursday, November 13th. Berenberg Bank boosted their target price on shares of Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a research report on Monday, January 19th. Finally, Citigroup cut their target price on shares of Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a research note 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 company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of £224.60.
Check Out Our Latest Stock Report on Flutter Entertainment
Flutter Entertainment Trading Down 7.9%
The company has a fifty day simple moving average of £144.31 and a two-hundred day simple moving average of £175.87. The company has a market capitalization of £16.94 billion, a P/E ratio of -76.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company has a debt-to-equity ratio of 73.74, a current ratio of 0.90 and a quick ratio of 0.70.
About Flutter Entertainment
Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.