Paddy Power Betfair plc (LON:PPB) has been assigned a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 7,799.29 ($102.58).

Several analysts have weighed in on PPB shares. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 8,420 ($110.75) target price on shares of Paddy Power Betfair plc in a research note on Thursday, November 2nd. boosted their target price on shares of Paddy Power Betfair plc from GBX 5,700 ($74.97) to GBX 6,000 ($78.92) and gave the company a “reduce” rating in a research note on Thursday, November 2nd. HSBC Holdings PLC boosted their target price on shares of Paddy Power Betfair plc from GBX 5,700 ($74.97) to GBX 6,000 ($78.92) and gave the company a “reduce” rating in a research note on Thursday, November 2nd. Shore Capital reiterated a “hold” rating on shares of Paddy Power Betfair plc in a research note on Tuesday, August 8th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a £105 ($138.10) target price on shares of Paddy Power Betfair plc in a research note on Thursday, August 31st.

Shares of Paddy Power Betfair plc (LON PPB) opened at GBX 8,540 ($112.32) on Thursday. Paddy Power Betfair plc has a twelve month low of GBX 6,572.50 ($86.45) and a twelve month high of GBX 8,945 ($117.65).

In related news, insider Alexander Gersh sold 20,000 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of GBX 8,273 ($108.81), for a total value of £1,654,600 ($2,176,246.22).

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About Paddy Power Betfair plc

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

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