Paddy Power Plc (PAP) Earns “Hold” Rating from Numis Securities Ltd

Numis Securities Ltd reissued their hold rating on shares of Paddy Power Plc (LON:PAP) in a research note issued to investors on Tuesday, August 8th, StockTargetPrices.com reports. The brokerage currently has a GBX 8,000 ($103.86) price target on the stock.

Other equities analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a £113 ($146.70) price objective on shares of Paddy Power Plc in a report on Tuesday, May 30th. Peel Hunt reiterated a buy rating and issued a £110 ($142.80) price objective on shares of Paddy Power Plc in a report on Tuesday, May 23rd. J P Morgan Chase & Co began coverage on shares of Paddy Power Plc in a research note on Wednesday, June 21st. They issued a neutral rating and a GBX 8,420 ($109.31) target price on the stock. Finally, Barclays PLC reiterated an overweight rating and set a GBX 9,550 ($123.98) price objective on shares of Paddy Power Plc in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 9,311.64 ($120.88).

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