Analysts’ Recent Ratings Changes for Flutter Entertainment (FLUT)

Flutter Entertainment (NYSE: FLUT) has recently received a number of price target changes and ratings updates:

• 10/30/2024 – Flutter Entertainment had its “overweight” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $295.00 price target on the stock.
• 10/14/2024 – Flutter Entertainment was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $295.00 price target on the stock, up previously from $224.00.
• 10/14/2024 – Flutter Entertainment had its price target raised by analysts at JMP Securities from $255.00 to $287.00. They now have a “market outperform” rating on the stock.
• 10/14/2024 – Flutter Entertainment had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $265.00 price target on the stock.
• 10/14/2024 – Flutter Entertainment is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $300.00 price target on the stock.
• 10/7/2024 – Flutter Entertainment had its price target raised by analysts at Susquehanna from $230.00 to $273.00. They now have a “positive” rating on the stock.
• 9/26/2024 – Flutter Entertainment had its price target raised by analysts at Barclays PLC from $263.00 to $275.00. They now have an “overweight” rating on the stock.
• 9/26/2024 – Flutter Entertainment had its price target raised by analysts at Oppenheimer Holdings Inc. from $255.00 to $300.00. They now have an “outperform” rating on the stock.
• 9/26/2024 – Flutter Entertainment had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $255.00 price target on the stock.
• 9/26/2024 – Flutter Entertainment had its price target raised by analysts at Craig Hallum from $240.00 to $275.00. They now have a “buy” rating on the stock.
• 9/26/2024 – Flutter Entertainment had its price target raised by analysts at Moffett Nathanson from $245.00 to $275.00. They now have a “buy” rating on the stock.
• 9/26/2024 – Flutter Entertainment had its price target raised by analysts at Benchmark Co. from $255.00 to $265.00. They now have a “buy” rating on the stock.
• 9/23/2024 – Flutter Entertainment is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $270.00 price target on the stock.
• 9/18/2024 – Flutter Entertainment had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $255.00 price target on the stock.
• 9/12/2024 – Flutter Entertainment is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $263.00 price target on the stock.

Flutter Entertainment Stock Down 0.3 %

Shares of NYSE FLUT traded down $0.79 during mid-day trading on Friday, hitting $231.98. The company had a trading volume of 552,619 shares, compared to its average volume of 1,083,836. The business’s 50-day simple moving average is $226.23 and its 200 day simple moving average is $205.35. Flutter Entertainment plc has a 1-year low of $148.00 and a 1-year high of $252.84.

Flutter Entertainment (NYSE:FLUT) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $2.33 EPS for the quarter, topping the consensus estimate of $1.07 by $1.26. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.41 billion. As a group, equities analysts predict that Flutter Entertainment plc will post 4.75 EPS for the current fiscal year.

Institutional Trading of Flutter Entertainment

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management purchased a new position in shares of Flutter Entertainment in the 1st quarter valued at about $28,000. Rothschild Investment LLC purchased a new position in Flutter Entertainment in the second quarter valued at approximately $37,000. CWM LLC acquired a new stake in Flutter Entertainment during the second quarter worth approximately $40,000. US Bancorp DE raised its holdings in Flutter Entertainment by 71.7% during the third quarter. US Bancorp DE now owns 237 shares of the company’s stock worth $56,000 after purchasing an additional 99 shares in the last quarter. Finally, Hilltop National Bank purchased a new stake in shares of Flutter Entertainment during the 2nd quarter worth approximately $101,000.

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.