Flutter Entertainment: A Closer Look at the Market's Favourite

Flutter Entertainment is making waves in the stock market.

The company has caught the eye of many investors. A recent report shows that analysts are quite bullish about its future.

Analysts' Outlook

One analyst, Pravin Gondhale, has kept a positive outlook on Flutter. He suggests that the stock is a good buy. His price target for the stock is £229.00. However, it's important to note that his track record isn't stellar. His success rate is below 50%.

But Gondhale isn't alone in his optimism. Many other analysts share his view. The general consensus is that Flutter is a strong buy. The average price target among analysts is quite high.

Market Performance

Flutter's market cap is impressive, standing at $37.07 billion. But its P/E ratio is negative, which is unusual. This could be a red flag for some investors.

Final Thoughts

Before jumping in, it's crucial to do your own research. Look at the numbers and understand the risks. Don't just follow the crowd.