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    FLTR   IE00BWT6H894

FLUTTER ENTERTAINMENT PLC

(FLTR)
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Delayed London Stock Exchange  -  05/24 11:35:28 am EDT
9102.00 GBX   -2.57%
05/06HSBC Lifts Flutter Entertainment PT, Keeps Buy Rating
MT
05/06FLUTTER : Gets a Buy rating from Deutsche Bank
MD
05/05FLUTTER : UBS reiterates its Buy rating
MD
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UK stocks edge higher, cybersecurity firm Darktrace soars on forecast lift

01/11/2022 | 04:28am EDT
FILE PHOTO: A worker shelters from the rain as he passes the London Stock Exchange in London

 (For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
    * Darktrace soars on forecast lift
    * Robert Walters up after upbeat forecast
    * Entain, Flutter gain on bullish Citi comments
    * FTSE 100 up 0.6%, FTSE 250 adds 0.1%

 
    By Shashank Nayar
    Jan 11 (Reuters) - London's blue-chip index rose on Tuesday,
as global equities paused after a recent sell-off on concerns
about tighter monetary policies, while midcap stocks bounced off
near three-week lows.
    The internationally focussed FTSE 100         ended 0.6%
higher, still lagging its European peers such as Germany's DAX
         and France's CAC 40         that have been hit hard
recently due to a bigger exposure to technology firms.      
    Darktrace          surged 6.9% and was among the top gainers
on the mid-index after raising its full-year outlook for revenue
and earnings margin following strong customer growth and
retention in the first half of the year.             
    "UK's market is less exposed to tech stocks and with the
sector inherently being more volatile given their nature, taking
that away from the FTSE 100 gives it a more stable personality
right now," said Stuart Cole, head macro economist at Equiti
Capital.
    "We have the Bank of England and its willingness to further
tighten policies following its December hike ... there is a
sense that monetary normalization is on the cards."
    Investors have increased bets of an interest rate hike as
early as next month after the Bank of England surprised with a
rate hike in December. Rate-sensitive banks               have
outperformed with a near 10% gain so far in 2022.
    Gaming companies Entain         and Flutter           rose
more than 1% after Citigroup published bullish views on the
sector amid prospects for U.S. regulation of online sports
betting.             
    Robert Walters         rose 4.0% after the recruitment firm
forecast annual profit to exceed current expectations and posted
higher net fees as it benefited from businesses ramping up
hiring.             
    The FTSE 250 mid-cap index         climbed 0.1% after
sinking to its lowest since Dec. 22 in the previous session.
    Marks & Spencer         rose 1.3% after data from market
researcher NielsenIQ showed it was Britain's fastest growing
food retailer in the Christmas quarter.             

 (Reporting by Sruthi Shankar, Shashank Nayar and Amal S in
Bengaluru; Editing by Shounak Dasgupta and Lisa Shumaker)
  
 
 

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
CAC 40 -1.66% 6253.14 Real-time Quote.-11.10%
CITIGROUP INC. -0.17% 52.68 Delayed Quote.-12.77%
DARKTRACE PLC -3.75% 354.5 Delayed Quote.-15.64%
DAX -1.80% 13919.75 Delayed Quote.-12.37%
ENTAIN PLC -3.81% 1365 Delayed Quote.-18.89%
FLUTTER ENTERTAINMENT PLC -2.57% 9102 Delayed Quote.-22.60%
FTSE 100 -0.39% 7484.35 Delayed Quote.1.75%
FTSE MID 250 INDEX -1.47% 19849.82 Delayed Quote.-14.20%
MARKS AND SPENCER GROUP PLC -3.11% 132.25 Delayed Quote.-42.85%
ON SEMICONDUCTOR CORPORATION -2.49% 54.5 Delayed Quote.-19.76%
ROBERT WALTERS PLC 7.00% 550 Delayed Quote.-28.57%
All news about FLUTTER ENTERTAINMENT PLC
05/06HSBC Lifts Flutter Entertainment PT, Keeps Buy Rating
MT
05/06FLUTTER : Gets a Buy rating from Deutsche Bank
MD
05/05FLUTTER : UBS reiterates its Buy rating
MD
05/04FLUTTER : Goldman Sachs reaffirms its Buy rating
MD
05/04TRANSCRIPT : Flutter Entertainment plc, Q1 2022 Sales/ Trading Statement Call, May 04, 202..
CI
05/04Flutter Entertainment 1Q Revenue Rose on Continued Recreational Player Momentum, US Str..
DJ
05/04Flutter Entertainment's Q1 Revenue Rises In Line With Analyst Consensus
MT
05/04Earnings Flash (FLTR.L) FLUTTER ENTERTAINMENT Posts Q1 Revenue GBP1.57B
MT
05/04Flutter Entertainment plc Reports Unaudited Revenue Results for the Three Months Ended ..
CI
05/04FLUTTER ENTERTAINMENT PLC : 1st quarter results
CO
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Analyst Recommendations on FLUTTER ENTERTAINMENT PLC
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Financials
Sales 2022 7 873 M 8 413 M 8 413 M
Net income 2022 15,2 M 16,2 M 16,2 M
Net Debt 2022 3 506 M 3 747 M 3 747 M
P/E ratio 2022 -790x
Yield 2022 1,93%
Capitalization 19 318 M 20 643 M 20 643 M
EV / Sales 2022 2,90x
EV / Sales 2023 2,48x
Nbr of Employees 16 813
Free-Float 96,9%
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Mean consensus BUY
Number of Analysts 22
Last Close Price 109,92 €
Average target price 164,54 €
Spread / Average Target 49,7%
EPS Revisions
Managers and Directors
Jeremy Peter Jackson Chief Executive Officer & Director
Jonathan Stanley Hill Chief Financial Officer & Director
Gary W. McGann Non-Executive Director
Zillah Ellen Byng-Thorne Independent Non-Executive Director
Nancy Cruickshank Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
FLUTTER ENTERTAINMENT PLC-20.56%20 643
GALAXY ENTERTAINMENT GROUP LIMITED1.73%22 820
EVOLUTION AB-24.38%21 112
ARISTOCRAT LEISURE LIMITED-17.81%17 086
SANDS CHINA LTD-16.63%15 609
ENTAIN PLC-15.69%10 496