Paddy Power Plc (PAP) Given Average Recommendation of “Buy” by Brokerages
Paddy Power Plc (LON:PAP) has received an average recommendation of “Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 8,767 ($116.49).
Several equities research analysts recently weighed in on PAP shares. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Paddy Power Plc in a report on Monday, September 11th. Peel Hunt restated a “buy” rating and issued a £100 ($132.87) target price on shares of Paddy Power Plc in a research note on Monday, September 4th. Numis Securities Ltd downgraded Paddy Power Plc to a “hold” rating and set a GBX 8,480 ($112.68) target price for the company. in a research note on Thursday, July 13th. Barclays PLC raised their target price on Paddy Power Plc from GBX 9,550 ($126.89) to £100 ($132.87) and gave the stock an “overweight” rating in a research note on Monday, July 17th. Finally, Deutsche Bank AG restated a “buy” rating and issued a £105 ($139.52) target price on shares of Paddy Power Plc in a research note on Thursday, August 31st.
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About Paddy Power Plc
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