Flutter Entertainment (LON:FLTR) Trading Down 7.9% – What’s Next?
by Tristan Rich · The Markets DailyFlutter Entertainment plc (LON:FLTR – Get Free Report)’s stock price traded down 7.9% during mid-day trading on Saturday . The stock traded as low as GBX 9,050 and last traded at GBX 9,665.40. 219,305 shares changed hands during trading, a decline of 49% from the average session 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 Upgrades and Downgrades
Several equities research analysts have issued reports on FLTR shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Flutter Entertainment from £202 to £190 and set a “buy” rating for the company in a research report on Friday, January 23rd. Peel Hunt reissued a “hold” rating and issued a £223 price objective on shares of Flutter Entertainment in a research note on Thursday, November 13th. JPMorgan Chase & Co. reduced their price objective on Flutter Entertainment from £271 to £253 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. Berenberg Bank upped their target price on Flutter Entertainment from £181 to £213 and gave the stock a “buy” rating in a report on Monday, January 19th. Finally, Citigroup dropped their price target on Flutter Entertainment from £254 to £244 and set a “buy” rating on the stock in a research report on Friday, November 28th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Flutter Entertainment 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 market capitalization of £16.94 billion, a PE 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. The company’s fifty 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.