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Flutter Entertainment Plc (OTCMKTS:PDYPY) Receives Average Recommendation of "Buy" From Brokerages

Defense World ·  Aug 18, 2022 04:51

Shares of Flutter Entertainment plc (OTCMKTS:PDYPY – Get Rating) have been given a consensus rating of "Buy" by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $14,055.00.

Several brokerages have recently commented on PDYPY. JMP Securities began coverage on shares of Flutter Entertainment in a report on Tuesday, June 28th. They issued an "outperform" rating on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Flutter Entertainment from £134.50 ($162.52) to £138.20 ($166.99) in a research note on Tuesday, June 21st. JPMorgan Chase & Co. upped their target price on shares of Flutter Entertainment from £126 ($152.25) to £128 ($154.66) in a research note on Monday. Finally, Morgan Stanley upped their target price on shares of Flutter Entertainment from £156 ($188.50) to £158 ($190.91) in a research note on Monday.

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Flutter Entertainment Price Performance

Shares of PDYPY stock opened at $65.34 on Thursday. The firm's 50 day moving average price is $51.41 and its 200-day moving average price is $57.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.95 and a current ratio of 0.95. Flutter Entertainment has a one year low of $43.71 and a one year high of $108.90.

Flutter Entertainment Company Profile

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Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.

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