On June 25, 2025, Canaccord Genuity initiated coverage on Flutter Entertainment (FLUT, Financial) with a "Buy" rating. This marks the investment firm's latest focus on the entertainment sector, highlighting the potential growth opportunities within Flutter Entertainment.
Analyst Jason Tilchen from Canaccord Genuity has set a price target of USD 330.00 for Flutter Entertainment (FLUT, Financial). This announcement reflects a positive outlook on the company's future performance in the market.
The "Buy" rating comes as Flutter Entertainment (FLUT, Financial) continues to attract attention for its strategic advancements and robust market presence. With this new coverage, Canaccord Genuity is signaling confidence in FLUT's ability to achieve its projected valuation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Flutter Entertainment PLC (FLUT, Financial) is $301.10 with a high estimate of $346.00 and a low estimate of $234.00. The average target implies an upside of 9.16% from the current price of $275.83. More detailed estimate data can be found on the Flutter Entertainment PLC (FLUT) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Flutter Entertainment PLC's (FLUT, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Flutter Entertainment PLC (FLUT, Financial) in one year is $316.19, suggesting a upside of 14.63% from the current price of $275.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Flutter Entertainment PLC (FLUT) Summary page.