Barclays restated their overweight rating on shares of Paddy Power Betfair (LON:PPB) in a research report released on Wednesday. Barclays currently has a GBX 9,400 ($127.47) price objective on the stock.
Several other research analysts have also weighed in on the stock. Deutsche Bank reissued a buy rating and set a £105 ($142.39) price objective on shares of Paddy Power Betfair in a research note on Wednesday, November 1st. Macquarie started coverage on shares of Paddy Power Betfair in a research note on Wednesday, October 11th. They set an outperform rating and a GBX 8,500 ($115.27) price objective on the stock. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 8,420 ($114.18) price objective on shares of Paddy Power Betfair in a research note on Thursday, November 2nd. reduced their price objective on shares of Paddy Power Betfair from GBX 6,900 ($93.57) to GBX 5,700 ($77.30) and set a reduce rating on the stock in a research note on Thursday, September 21st. Finally, Numis Securities reissued a hold rating and set a GBX 8,000 ($108.49) price objective on shares of Paddy Power Betfair in a research note on Thursday, November 2nd. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 8,082.50 ($109.61).
Paddy Power Betfair (PPB) traded up GBX 55 ($0.75) during trading on Wednesday, reaching GBX 8,460 ($114.73). 195,637 shares of the company traded hands, compared to its average volume of 110,375. Paddy Power Betfair has a twelve month low of GBX 6,572.50 ($89.13) and a twelve month high of GBX 8,967 ($121.60). The company has a market cap of $7,140.00 and a price-to-earnings ratio of 5,388.54.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.com-unik.info/2018/01/14/barclays-reiterates-overweight-rating-for-paddy-power-betfair-ppb.html.
Receive News & Ratings for Paddy Power Betfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paddy Power Betfair and related companies with MarketBeat.com's FREE daily email newsletter.