JPMorgan Chase & Co. Trims Flutter Entertainment (OTCMKTS:PDYPY) Target Price to £126 – MarketBeat

Written by Amanda

JPMorgan Chase & Co. Trims Flutter Entertainment (OTCMKTS:PDYPY) Target Price to £126  MarketBeat

Flutter Entertainment (OTCMKTS:PDYPYGet Rating) had its price target reduced by JPMorgan Chase & Co. from £159.90 ($200.38) to £126 ($157.89) in a research report issued to clients and investors on Thursday, The Fly reports.

A number of other equities research analysts have also recently weighed in on the company. Zacks Investment Research upgraded Flutter Entertainment from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 11th. Berenberg Bank cut their price target on Flutter Entertainment from £155 ($194.24) to £138 ($172.93) in a research note on Thursday, March 17th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, Flutter Entertainment currently has an average rating of “Buy” and a consensus target price of $10,845.75.

PDYPY traded down $0.27 on Thursday, reaching $57.12. The company’s stock had a trading volume of 20,604 shares, compared to its average volume of 76,265. The stock has a 50 day moving average of $55.38 and a two-hundred day moving average of $65.18. 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 fifty-two week low of $48.89 and a fifty-two week high of $108.90.


What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%!

When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.

About Flutter Entertainment (Get Rating)

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.

Featured Stories

The Fly logo

Analyst Recommendations for Flutter Entertainment (OTCMKTS:PDYPY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Flutter Entertainment right now?

Before you consider Flutter Entertainment, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Flutter Entertainment wasn’t on the list.

While Flutter Entertainment currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

Source: marketbeat.com

About the author


Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

Leave a Comment