Deutsche Bank reaffirmed their hold rating on shares of PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) in a report issued on Monday, The Fly reports.
Several other equities research analysts also recently issued reports on the company. Goldman Sachs Group started coverage on PADDY PWR BETFA/ADR in a report on Thursday, June 18th. They set a buy rating for the company. Morgan Stanley reissued an equal weight rating on shares of PADDY PWR BETFA/ADR in a research report on Wednesday, September 2nd. Berenberg Bank reissued a hold rating on shares of PADDY PWR BETFA/ADR in a research report on Friday, August 7th. Zacks Investment Research cut PADDY PWR BETFA/ADR from a strong-buy rating to a hold rating in a research report on Thursday, July 2nd. Finally, Barclays raised PADDY PWR BETFA/ADR from an equal weight rating to an overweight rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $77.00.
Shares of PADDY PWR BETFA/ADR stock opened at $81.00 on Monday. The stock has a fifty day simple moving average of $78.41 and a 200 day simple moving average of $64.22. PADDY PWR BETFA/ADR has a 12-month low of $30.43 and a 12-month high of $84.56. The company has a market capitalization of $25.08 billion, a P/E ratio of 42.41 and a beta of 1.45. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06.
PADDY PWR BETFA/ADR Company Profile
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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