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Flutter Entertainment Plc (OTCMKTS:PDYPY) Given Consensus Rating of "Buy" by Analysts

Defense World ·  Sep 12, 2022 04:11

Flutter Entertainment plc (OTCMKTS:PDYPY – Get Rating) has received an average recommendation of "Buy" from the ten analysts that are presently covering the company, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is $14,055.00.

Several brokerages recently issued reports on PDYPY. JMP Securities began coverage on Flutter Entertainment in a report on Tuesday, June 28th. They set an "outperform" rating for the company. JPMorgan Chase & Co. boosted their price objective on Flutter Entertainment from £126 ($152.25) to £128 ($154.66) in a research report on Monday, August 15th. Deutsche Bank Aktiengesellschaft boosted their price objective on Flutter Entertainment from £134.50 ($162.52) to £138.20 ($166.99) in a research report on Tuesday, June 21st. Finally, Morgan Stanley boosted their price objective on Flutter Entertainment from £156 ($188.50) to £158 ($190.91) in a research report on Monday, August 15th.

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Flutter Entertainment Stock Performance

Shares of Flutter Entertainment stock opened at $59.95 on Monday. The stock has a fifty day simple moving average of $54.82 and a 200 day simple moving average of $55.55. Flutter Entertainment has a 12-month low of $43.71 and a 12-month high of $108.90. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35.

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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