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Barclays Releases a Buy Rating on Flutter Entertainment PLC (FLTR)

Tipranks - Tipranks - Fri Apr 17, 4:54AM CDT

In a report released today, Pravin Gondhale from Barclays assigned a Buy rating to Flutter Entertainment PLC, with a price target of $129.00.

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Gondhale covers the Consumer Cyclical sector, focusing on stocks such as Lottomatica Group S.P.A., Entain plc, and Compass. According to TipRanks, Gondhale has an average return of -0.7% and a 41.94% success rate on recommended stocks.

In addition to Barclays, Flutter Entertainment PLC also received a Buy from Oppenheimer’s Jed Kelly in a report issued on April 13. However, today, Citi downgraded Flutter Entertainment PLC (LSE: FLTR) to a Sell.

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FLTR market cap is currently $19.6B and has a P/E ratio of -124.17.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FLTR in relation to earlier this year.

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