Paddy Power Betfair Plc (PPB) Receives Average Recommendation of “Hold” from Analysts

Paddy Power Betfair Plc (LON:PPB) has been given an average rating of “Hold” by the seventeen analysts that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 7,847.14 ($106.42).

Several brokerages have recently weighed in on PPB. Barclays reissued an “overweight” rating and issued a GBX 9,400 ($127.47) price objective on shares of Paddy Power Betfair in a research report on Wednesday. HSBC increased their price objective on shares of Paddy Power Betfair from GBX 5,700 ($77.30) to GBX 6,000 ($81.37) and gave the company a “reduce” rating in a research report on Thursday, November 2nd. increased their price objective on shares of Paddy Power Betfair from GBX 5,700 ($77.30) to GBX 6,000 ($81.37) and gave the company a “reduce” rating in a research report on Thursday, November 2nd. increased their price objective on shares of Paddy Power Betfair from GBX 5,700 ($77.30) to GBX 6,000 ($81.37) and gave the company a “reduce” rating in a research report on Thursday, November 2nd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Paddy Power Betfair from GBX 8,420 ($114.18) to GBX 8,690 ($117.85) and gave the company a “neutral” rating in a research report on Friday.

In other Paddy Power Betfair news, insider Alexander Gersh sold 20,000 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of GBX 8,273 ($112.19), for a total value of £1,654,600 ($2,243,829.67).

Paddy Power Betfair (LON:PPB) opened at GBX 8,399.50 ($113.91) on Friday. The firm has a market cap of $7,110.00 and a PE ratio of 5,350.00. Paddy Power Betfair has a 1 year low of GBX 6,572.50 ($89.13) and a 1 year high of GBX 8,967 ($121.60).

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Paddy Power Betfair Company Profile

Analyst Recommendations for Paddy Power Betfair (LON:PPB)

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