Flutter Entertainment (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

7,564.00p
   
  • Change Today:
    -26.00p
  • 52 Week High: 8,164.00
  • 52 Week Low: 5,525.00
  • Currency: UK Pounds
  • Shares Issued: 78.22m
  • Volume: 39,905
  • Market Cap: £5,917m
  • RiskGrade: 157
  • Beta: 0.01

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 7,564.00p
Change Today -26.00p
% Change -0.34 %
52 Week High 8,164.00
52 Week Low 5,525.00
Volume 39,905
Shares Issued 78.22m
Market Cap £5,917m
Beta 0.01
RiskGrade 157

FLTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
84.47% above the market average84.47% above the market average84.47% above the market average84.47% above the market average84.47% above the market average
54.67% above the sector average54.67% above the sector average54.67% above the sector average54.67% above the sector average54.67% above the sector average
Income Not Available
Growth
70.51% above the market average70.51% above the market average70.51% above the market average70.51% above the market average70.51% above the market average
61.64% above the sector average61.64% above the sector average61.64% above the sector average61.64% above the sector average61.64% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 8
Sell 0
Strong Sell 1
Total 12
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 16-Oct-2019

Time Volume / Share Price
10:58 7 @ 7,564.00p
10:57 23 @ 7,562.00p
10:57 28 @ 7,562.00p
10:57 36 @ 7,560.00p
10:57 28 @ 7,560.00p

FLTR Key Personnel

CEO Peter Jackson
CFO Jonathan Hill

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