Paddy Power Plc (PAP) Price Target Raised to £100 at Barclays PLC
Paddy Power Plc (LON:PAP) had its price target boosted by investment analysts at Barclays PLC from GBX 9,550 ($124.71) to £100 ($130.58) in a research report issued on Monday, StockTargetPrices.com reports. The firm currently has an “overweight” rating on the stock.
Other equities research analysts have also recently issued research reports about the company. Numis Securities Ltd reissued an “add” rating and issued a £100 ($130.58) price target on shares of Paddy Power Plc in a research note on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a £113 ($147.56) price target on shares of Paddy Power Plc in a research note on Tuesday, May 30th. Peel Hunt reissued a “buy” rating and issued a £110 ($143.64) price target on shares of Paddy Power Plc in a research note on Tuesday, May 23rd. Finally, J P Morgan Chase & Co initiated coverage on Paddy Power Plc in a research note on Wednesday, June 21st. They issued a “neutral” rating and a GBX 8,420 ($109.95) price target for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. Paddy Power Plc has an average rating of “Hold” and an average price target of GBX 9,396.18 ($122.70).
About Paddy Power Plc
Paddy Power plc is an Ireland-based international betting and gaming company. The Company provides sports betting services through the Internet (paddypower.com, sportsbet.com.au and iasbet.com.au); through a chain of licensed betting offices (Paddy Power Bookmaker); and by telephone (Dial-a-Bet). It also provides online gaming services principally through paddypower.com, paddypowergames.com, paddypowercasino.com, paddypowerpoker.com and paddypowerbingo.com.
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