Numis Securities reiterated their hold rating on shares of Paddy Power Betfair (LON:PPB) in a research note published on Wednesday. They currently have a GBX 8,000 ($110.53) price target on the stock.
PPB has been the topic of a number of other reports. Barclays restated an overweight rating and issued a GBX 9,400 ($129.87) price objective on shares of Paddy Power Betfair in a research note on Wednesday, January 10th. JPMorgan Chase & Co. lifted their price objective on shares of Paddy Power Betfair from GBX 8,420 ($116.33) to GBX 8,690 ($120.06) and gave the company a neutral rating in a research note on Friday, January 12th. Peel Hunt reaffirmed a reduce rating and issued a GBX 7,500 ($103.62) target price on shares of Paddy Power Betfair in a report on Wednesday. Finally, Berenberg Bank downgraded shares of Paddy Power Betfair to a sell rating and set a GBX 7,600 ($105.00) target price on the stock. in a report on Thursday, January 11th. Eight research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 7,845 ($108.39).
Paddy Power Betfair (LON PPB) opened at GBX 7,885 ($108.94) on Wednesday. The company has a market cap of $6,670.00 and a price-to-earnings ratio of 3,092.16. Paddy Power Betfair has a one year low of GBX 6,572.50 ($90.81) and a one year high of GBX 8,967 ($123.89).
Paddy Power Betfair Company Profile
Paddy Power Betfair plc, formerly Paddy Power plc, is an Ireland-based public online betting and gaming company. The Company operates through Online (ex Australia), Online Australia, UK Retail, Irish Retail, and Telephone segments. The Company offers sports betting and gaming, which include gaming machines, games, casino, bingo and poker, and business-to-business (B2B) services.
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