Flutter Entertainment (LON:FLTR) had its price objective cut by Barclays from GBX 6,800 ($88.85) to GBX 6,700 ($87.55) in a research note released on Tuesday, ThisIsMoney.Co.Uk reports. They currently have an equal weight rating on the stock.

FLTR has been the subject of a number of other research reports. Deutsche Bank restated a hold rating on shares of Flutter Entertainment in a research note on Wednesday, August 7th. UBS Group restated a neutral rating on shares of Flutter Entertainment in a research note on Thursday, August 8th. Finally, Peel Hunt restated a reduce rating on shares of Flutter Entertainment in a research note on Wednesday, August 7th.

Shares of FLTR stock opened at GBX 7,386 ($96.51) on Tuesday. The company has a market cap of $5.78 billion and a price-to-earnings ratio of 31.28. The company’s fifty day simple moving average is GBX 6,723.20. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 14.31. Flutter Entertainment has a 12 month low of GBX 5,542 ($72.42) and a 12 month high of GBX 7,440 ($97.22).

The company also recently disclosed a dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 5th will be issued a dividend of GBX 67 ($0.88) per share. This represents a yield of 1.05%. The ex-dividend date is Thursday, September 5th. Flutter Entertainment’s dividend payout ratio is 0.85%.

About Flutter Entertainment

Flutter Entertainment PLC operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting products; fixed odds games betting; online games and casino; peer-to-peer games, including online bingo and poker; and business-to-business services.

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