Shares of Paddy Power Betfair Plc (LON:PPB) have been given an average rating of “Hold” by the fifteen analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 8,918.18 ($115.18).

Several analysts have recently commented on the stock. Peel Hunt restated a “buy” rating and set a £100 ($129.15) price objective on shares of Paddy Power Betfair Plc in a research report on Tuesday, August 8th. Berenberg Bank decreased their price objective on shares of Paddy Power Betfair Plc from GBX 8,300 ($107.19) to GBX 7,600 ($98.15) and set a “hold” rating on the stock in a research report on Wednesday. Numis Securities Ltd restated a “hold” rating and set a GBX 8,000 ($103.32) price objective on shares of Paddy Power Betfair Plc in a research report on Tuesday, August 8th. Barclays PLC decreased their price objective on shares of Paddy Power Betfair Plc from £100 ($129.15) to GBX 9,550 ($123.34) and set an “overweight” rating on the stock in a research report on Monday, July 17th. Finally, Shore Capital restated a “hold” rating on shares of Paddy Power Betfair Plc in a research report on Tuesday, August 8th.

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Paddy Power Betfair Plc (LON PPB) opened at 7195.00 on Friday. The company’s market cap is GBX 6.05 billion. The stock has a 50 day moving average of GBX 7,304.86 and a 200 day moving average of GBX 8,152.90. Paddy Power Betfair Plc has a 12-month low of GBX 6,622.60 and a 12-month high of GBX 9,219.80.

The business also recently declared a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th will be issued a GBX 65 ($0.84) dividend. The ex-dividend date of this dividend is Thursday, August 24th. This represents a yield of 0.9%.

Paddy Power Betfair Plc Company Profile

Analyst Recommendations for Paddy Power Betfair Plc (LON:PPB)

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