Paddy Power Plc (PAP) PT Raised to GBX 6,000

Paddy Power Plc (LON:PAP) had its price target lifted by HSBC Holdings plc from GBX 5,700 ($75.22) to GBX 6,000 ($79.18) in a research note issued to investors on Thursday. The brokerage currently has a “reduce” rating on the stock.

Several other research analysts have also recently issued reports on PAP. Deutsche Bank AG restated a “buy” rating and issued a £105 ($138.56) target price on shares of Paddy Power Plc in a report on Wednesday. Peel Hunt restated a “buy” rating and issued a £100 ($131.96) target price on shares of Paddy Power Plc in a report on Tuesday, August 8th. Shore Capital restated a “hold” rating on shares of Paddy Power Plc in a report on Tuesday, August 8th. Numis Securities Ltd restated a “hold” rating and issued a GBX 8,000 ($105.57) target price on shares of Paddy Power Plc in a report on Tuesday, August 8th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 9,550 ($126.02) target price on shares of Paddy Power Plc in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 8,953.17 ($118.15).

Paddy Power Plc has a one year low of GBX 65.81 ($0.87) and a one year high of GBX 142.75 ($1.88).

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