Flutter Entertainment PLC 21.6% potential upside indicated by JP Morgan Cazenove

Flutter Entertainment PLC with ticker (LON:FLTR) now has a potential upside of 21.6% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 15,700 GBX for the company, which when compared to the Flutter Entertainment PLC share price of 12,910 GBX at opening today (22/11/2023) indicates a potential upside of 21.6%. Trading has ranged between 11,240 (52 week low) and 16,832 (52 week high) with an average of 421,464 shares exchanging hands daily. The market capitalisation at the time of writing is £22,707,506,605.

Flutter Entertainment plc is an Ireland-based global betting and gaming company. The Company operates through four divisions: US, UK & Ireland, Australia and International. The US division includes FanDuel, TVG, FOX Bet and PokerStars brands, offering regulated real money and free-to-play sports betting, online gaming, daily fantasy sports and online racing wagering products to customers across various states in the Unites States and Canada. The UK & Ireland division includes the Sky Betting and Gaming, Paddy Power, Betfair and Tombola brands offering a diverse range of sportsbook, exchange and gaming services across the United Kingdom and Ireland, along with over 600 Paddy Power betting shops. The Australia division includes the Sportsbet brand offers online sports betting. The International segment includes PokerStars, Sisal, Adjarabet, Betfair and Junglee operating in multiple jurisdictions around the world offering a diverse range of sportsbook, exchange and gaming services.