Flutter Entertainment (NYSE:FLUT – Get Free Report) had its target price increased by investment analysts at Oppenheimer from $240.00 to $255.00 in a report released on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price objective would indicate a potential upside of 33.24% from the company’s previous close.
FLUT has been the topic of several other reports. JMP Securities reaffirmed a “market outperform” rating and set a $246.00 price objective on shares of Flutter Entertainment in a research report on Wednesday, May 15th. Susquehanna cut their price objective on Flutter Entertainment from $249.00 to $235.00 and set a “positive” rating on the stock in a research report on Thursday, May 30th. BTIG Research lifted their price objective on Flutter Entertainment from $242.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, May 15th. Benchmark reaffirmed a “buy” rating and set a $255.00 price objective on shares of Flutter Entertainment in a research report on Thursday, July 25th. Finally, Wells Fargo & Company lifted their price objective on Flutter Entertainment from $212.00 to $218.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 16th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,212.50.
Read Our Latest Stock Analysis on FLUT
Flutter Entertainment Stock Performance
Institutional Trading of Flutter Entertainment
Hedge funds have recently made changes to their positions in the stock. Hollencrest Capital Management bought a new stake in shares of Flutter Entertainment in the 1st quarter worth approximately $28,000. Rothschild Investment LLC purchased a new position in Flutter Entertainment in the 2nd quarter worth approximately $37,000. CWM LLC purchased a new position in Flutter Entertainment in the 2nd quarter worth approximately $40,000. YHB Investment Advisors Inc. purchased a new position in Flutter Entertainment in the 1st quarter worth approximately $45,000. Finally, Global Retirement Partners LLC purchased a new position in Flutter Entertainment in the 1st quarter worth approximately $45,000.
Flutter Entertainment Company Profile
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.
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