Flutter Entertainment PLC 36.1% potential upside indicated by JP Morgan

Flutter Entertainment PLC with ticker (LON:FLTR) now has a potential upside of 36.1% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 17,190 GBX for the company, which when compared to the Flutter Entertainment PLC share price of 10,990 GBX at opening today (25/11/2021) indicates a potential upside of 36.1%. Trading has ranged between 10,655 (52 week low) and 17,130 (52 week high) with an average of 499,726 shares exchanging hands daily. The market capitalisation at the time of writing is £19,001,603,220.

Flutter Entertainment PLC, formerly Paddy Power Betfair PLC, is a United Kingdom-based global sports betting and gaming operator. The Company operates through four divisions: Online, Australia, US and Retail. Online division operates the Paddy Power, Betfair and Adjarabet online sports betting and gaming brands. The Australia division consists of the Sportsbet online sports betting brand. The US division operates as FanDuel Group and operates the FanDuel sportsbook and daily-fantasy-sports brands, the TVG broadcasting and deposit wagering network and the Betfair online casino in New Jersey. The Retail division operates over 620 Paddy Power retail betting shops across the United Kingdom and Ireland.