Flutter Entertainment (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

10,280.00p
   
  • Change Today:
    -320.00p
  • 52 Week High: 10,680.00
  • 52 Week Low: 5,512.00
  • Currency: UK Pounds
  • Shares Issued: 224.53m
  • Volume: 1,187,012
  • Market Cap: £23,082m
  • RiskGrade: 294

Flutter Entertainment surges on buyout speculation

By Michele Maatouk

Date: Wednesday 03 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Shares of Flutter Entertainment - formerly Paddy Power Betfair - surged on Wednesday, with traders pointing to speculation about a possible buyout.
According to the Financial Times' Alphaville column, talk of a buyout/take private was driving the share gains.

"We don't have any name connected to that, to be clear, though private equity would be an obvious candidate," it said. "Blackstone's Merlin bid suggests there's a reasonable amount of cash available to managements who feel the public markets are undervaluing them."

Legoland owner Merlin Entertainments said last week that it had agreed to be taken private by investors including Lego's founding family and buyout firm Blackstone for almost £6bn in cash.

At 1615 BST, Flutter shares were up 11.4% at 6,830p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FLTR Market Data

Currency UK Pounds
Share Price 10,280.00p
Change Today -320.00p
% Change -3.02 %
52 Week High 10,680.00
52 Week Low 5,512.00
Volume 1,187,012
Shares Issued 224.53m
Market Cap £23,082m
RiskGrade 294

FLTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.54% below the market average88.54% below the market average88.54% below the market average88.54% below the market average88.54% below the market average
88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average
Price Trend
82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average
94.52% above the sector average94.52% above the sector average94.52% above the sector average94.52% above the sector average94.52% above the sector average
Income
62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average
95.56% below the sector average95.56% below the sector average95.56% below the sector average95.56% below the sector average95.56% below the sector average
Growth
71.08% above the market average71.08% above the market average71.08% above the market average71.08% above the market average71.08% above the market average
31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 7
Sell 2
Strong Sell 1
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FLTR Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 09-Oct-19 21-May-19
Amount 67.00p 133.00p

Trades for 29-May-2020

Time Volume / Share Price
16:50 2,217 @ 10,372.09p
16:50 93 @ 10,368.85p
16:50 293 @ 10,377.86p
17:11 1,000 @ 10,600.00p
17:06 10,624 @ 10,280.00p

FLTR Key Personnel

Chair Gary McGann
CEO Peter Jackson
CFO Jonathan Hill

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