Research Analysts’ Weekly Ratings Updates for Paddy Power Betfair (PPB)

A number of firms have modified their ratings and price targets on shares of Paddy Power Betfair (LON: PPB) recently:

  • 11/6/2018 – Paddy Power Betfair had its price target raised by analysts at Barclays PLC from GBX 7,500 ($98.00) to GBX 7,600 ($99.31). They now have an “overweight” rating on the stock.
  • 11/5/2018 – Paddy Power Betfair had its price target lowered by analysts at Peel Hunt from GBX 7,500 ($98.00) to GBX 6,000 ($78.40). They now have a “reduce” rating on the stock.
  • 11/5/2018 – Paddy Power Betfair was upgraded by analysts at UBS Group AG to a “neutral” rating. They now have a GBX 6,950 ($90.81) price target on the stock, down previously from GBX 7,130 ($93.17).
  • 11/5/2018 – Paddy Power Betfair was upgraded by analysts at Morgan Stanley to an “equal weight” rating. They now have a GBX 6,600 ($86.24) price target on the stock, up previously from GBX 6,500 ($84.93).
  • 11/2/2018 – Paddy Power Betfair had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 6,470 ($84.54) price target on the stock.
  • 10/31/2018 – Paddy Power Betfair was downgraded by analysts at Goldman Sachs Group Inc to a “neutral” rating. They now have a GBX 7,400 ($96.69) price target on the stock, down previously from GBX 7,700 ($100.61).
  • 10/30/2018 – Paddy Power Betfair had its price target lowered by analysts at Credit Suisse Group AG from GBX 7,600 ($99.31) to GBX 6,400 ($83.63). They now have a “neutral” rating on the stock.
  • 10/23/2018 – Paddy Power Betfair was upgraded by analysts at Credit Suisse Group AG to a “neutral” rating. They now have a GBX 7,600 ($99.31) price target on the stock, down previously from GBX 8,650 ($113.03).
  • 10/16/2018 – Paddy Power Betfair had its “reduce” rating reaffirmed by analysts at Peel Hunt.
  • 10/16/2018 – Paddy Power Betfair had its price target lowered by analysts at Barclays PLC from GBX 7,730 ($101.01) to GBX 7,500 ($98.00). They now have an “overweight” rating on the stock.
  • 10/12/2018 – Paddy Power Betfair was upgraded by analysts at Berenberg Bank to a “hold” rating. They now have a GBX 6,500 ($84.93) price target on the stock, down previously from GBX 7,000 ($91.47).
  • 10/10/2018 – Paddy Power Betfair had its “reduce” rating reaffirmed by analysts at Peel Hunt.

Shares of Paddy Power Betfair stock traded down GBX 20 ($0.26) on Wednesday, hitting GBX 6,830 ($89.25). The company’s stock had a trading volume of 122,080 shares, compared to its average volume of 192,747. Paddy Power Betfair PLC has a 52-week low of GBX 6,572.50 ($85.88) and a 52-week high of GBX 8,967 ($117.17).

In other Paddy Power Betfair news, insider Peter Jackson acquired 930 shares of the firm’s stock in a transaction that occurred on Thursday, August 23rd. The shares were acquired at an average cost of GBX 7,168 ($93.66) per share, for a total transaction of £66,662.40 ($87,106.23).

Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the Unites States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting and pari-mutuel 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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