Shares of Paddy Power Betfair Plc (LON:PPB) have been assigned an average recommendation of “Hold” from the sixteen ratings firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 8,399.09 ($111.41).

Several brokerages have recently weighed in on PPB. Barclays PLC dropped their price objective on shares of Paddy Power Betfair Plc from £100 ($132.64) to GBX 9,550 ($126.67) and set an “overweight” rating on the stock in a research report on Monday, July 17th. Shore Capital reaffirmed a “hold” rating on shares of Paddy Power Betfair Plc in a report on Tuesday, August 8th. Deutsche Bank AG reiterated a “buy” rating and issued a £105 ($139.28) price target on shares of Paddy Power Betfair Plc in a research note on Thursday, August 31st. Peel Hunt reissued a “buy” rating and issued a £100 ($132.64) price target on shares of Paddy Power Betfair Plc in a report on Monday, September 4th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 8,000 ($106.11) price target on shares of Paddy Power Betfair Plc in a report on Tuesday, August 8th.

TRADEMARK VIOLATION NOTICE: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2017/10/04/paddy-power-betfair-plc-ppb-receives-consensus-rating-of-hold-from-analysts.html.

Shares of Paddy Power Betfair Plc (LON:PPB) opened at 7510.00 on Wednesday. The company’s market cap is GBX 6.31 billion. Paddy Power Betfair Plc has a 1-year low of GBX 6,635.00 and a 1-year high of GBX 9,219.80. The company has a 50 day moving average of GBX 7,171.25 and a 200 day moving average of GBX 7,972.93.

The firm also recently announced a dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th were issued a dividend of GBX 65 ($0.86) per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a dividend yield of 0.9%.

About Paddy Power Betfair Plc

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

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.