Truist Securities has revised its price target for Flutter Entertainment (FLUT, Financial), reducing it from $330 to $280. Despite this adjustment, the firm maintains a Buy rating for the company's shares.
The revision comes as a result of uncertainties surrounding tariffs, which have led to a reevaluation of coverage within the sector. This recalibration suggests a decline in confidence regarding future projections.
Despite these challenges, Truist continues to view the gaming industry as a strong sub-sector, particularly amid a consumer sector landscape that remains variable.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Flutter Entertainment PLC (FLUT, Financial) is $307.87 with a high estimate of $350.00 and a low estimate of $234.00. The average target implies an upside of 35.27% from the current price of $227.60. More detailed estimate data can be found on the Flutter Entertainment PLC (FLUT) Forecast page.
Based on the consensus recommendation from 22 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 $289.89, suggesting a upside of 27.37% from the current price of $227.6. 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.
