Paddy Power Betfair Plc (PPB) Receives Average Recommendation of “Hold” from Analysts
Paddy Power Betfair Plc (LON:PPB) has received an average rating of “Hold” from the sixteen research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 9,144.55 ($118.71).
PPB has been the subject of several research reports. Numis Securities Ltd restated an “add” rating and set a £100 ($129.82) price target on shares of Paddy Power Betfair Plc in a report on Wednesday, May 3rd. Peel Hunt restated a “buy” rating and set a £110 ($142.80) price target on shares of Paddy Power Betfair Plc in a report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a £113 ($146.70) price target on shares of Paddy Power Betfair Plc in a report on Tuesday, May 30th. Barclays PLC restated an “overweight” rating on shares of Paddy Power Betfair Plc in a report on Friday, June 9th. Finally, J P Morgan Chase & Co assumed coverage on shares of Paddy Power Betfair Plc in a research report on Wednesday, June 21st. They set a “neutral” rating and a GBX 8,420 ($109.31) price objective on the stock.
Shares of Paddy Power Betfair Plc (LON:PPB) opened at 7505.00 on Tuesday. The stock has a 50 day moving average of GBX 7,790.08 and a 200 day moving average of GBX 8,330.84. Paddy Power Betfair Plc has a 52-week low of GBX 7,110.00 and a 52-week high of GBX 10,028.56. The firm’s market cap is GBX 6.31 billion.
The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 24th will be given a dividend of GBX 65 ($0.84) per share. This represents a yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 24th.
Paddy Power Betfair Plc Company Profile
Receive News & Ratings for Paddy Power Betfair Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paddy Power Betfair Plc and related companies with MarketBeat.com's FREE daily email newsletter.