Flutter Entertainment

An even more compelling opportunity

  • Sectors : Gaming
  • Companies : Flutter Entertainment

Ratings and price correct at time of issue.

  • Flutter Entertainment

    Closing Price: 15275p

  • RATING 08/05/19

  • PREVIOUS RATING 29/08/17



The accelerated buy-out of the FanDuel minority is the latest in an impressive series of value-creating transactions by Flutter. This time, it has significantly enhanced its exposure to the exciting US market at a material discount to our estimated fair value. For us, it strengthens the group’s claim on the position of best global gaming operator and results in an even more compelling investment opportunity. We reiterate our ‘Outperform’ rating.

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Dec 17 2020, 07:00 GMT