Paddy Power Plc (PAP) Given “Hold” Rating at Numis Securities Ltd

Paddy Power Plc (LON:PAP)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They presently have a GBX 8,000 ($105.57) price objective on the stock.

PAP has been the topic of several other research reports. Macquarie assumed coverage on Paddy Power Plc in a report on Wednesday, October 11th. They set an “outperform” rating and a GBX 8,500 ($112.17) price objective on the stock. Deutsche Bank AG reissued a “buy” rating and set a £105 ($138.56) price target on shares of Paddy Power Plc in a report on Monday, October 2nd. Citigroup Inc. reissued a “buy” rating and set a GBX 8,700 ($114.81) price target on shares of Paddy Power Plc in a report on Monday, October 2nd. HSBC Holdings plc lowered their price objective on Paddy Power Plc from GBX 6,900 ($91.05) to GBX 5,700 ($75.22) and set a “reduce” rating on the stock in a report on Thursday, September 21st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Paddy Power Plc in a research report on Monday, September 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company’s stock. Paddy Power Plc has an average rating of “Buy” and an average price target of GBX 8,953.17 ($118.15).

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