Paddy Power Plc (PAP) Given Average Rating of “Buy” by Brokerages

Shares of Paddy Power Plc (LON:PAP) have earned a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 8,690 ($116.19).

A number of brokerages recently weighed in on PAP. Macquarie began coverage on shares of Paddy Power in a research report on Wednesday, October 11th. They issued an “outperform” rating and a GBX 8,500 ($113.65) price target on the stock. increased their price target on shares of Paddy Power from GBX 5,700 ($76.21) to GBX 6,000 ($80.22) and gave the company a “reduce” rating in a research report on Thursday, November 2nd. Goldman Sachs Group reiterated a “buy” rating on shares of Paddy Power in a research report on Monday, September 11th. Barclays reiterated an “overweight” rating and issued a GBX 9,400 ($125.69) price target on shares of Paddy Power in a research report on Monday, December 18th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 8,420 ($112.58) price target on shares of Paddy Power in a research report on Thursday, November 2nd.

Paddy Power has a 52-week low of GBX 65.81 ($0.88) and a 52-week high of GBX 142.75 ($1.91).

COPYRIGHT VIOLATION WARNING: “Paddy Power Plc (PAP) Given Average Rating of “Buy” by Brokerages” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/05/paddy-power-plc-pap-given-average-rating-of-buy-by-brokerages.html.

Paddy Power Company Profile

Analyst Recommendations for Paddy Power (LON:PAP)

Receive News & Ratings for Paddy Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paddy Power and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply