Paddy Power Betfair PLC (PPB) Receives Consensus Rating of “Hold” from Brokerages

Paddy Power Betfair PLC (LON:PPB) has been given a consensus recommendation of “Hold” by the seventeen brokerages that are currently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 7,847.14 ($110.03).

Several research firms recently weighed in on PPB. Barclays reiterated an “overweight” rating and issued a GBX 9,400 ($131.80) price target on shares of Paddy Power Betfair in a report on Wednesday, January 10th. HSBC lifted their price target on shares of Paddy Power Betfair from GBX 5,700 ($79.92) to GBX 6,000 ($84.13) and gave the company a “reduce” rating in a report on Thursday, November 2nd. lifted their price target on shares of Paddy Power Betfair from GBX 5,700 ($79.92) to GBX 6,000 ($84.13) and gave the company a “reduce” rating in a report on Thursday, November 2nd. lifted their price target on shares of Paddy Power Betfair from GBX 5,700 ($79.92) to GBX 6,000 ($84.13) and gave the company a “reduce” rating in a report on Thursday, November 2nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Paddy Power Betfair from GBX 8,420 ($118.06) to GBX 8,690 ($121.85) and gave the company a “neutral” rating in a report on Friday, January 12th.

Shares of Paddy Power Betfair (PPB) opened at GBX 7,975 ($111.82) on Tuesday. The firm has a market cap of $6,840.00 and a price-to-earnings ratio of 5,079.62. Paddy Power Betfair has a fifty-two week low of GBX 6,572.50 ($92.16) and a fifty-two week high of GBX 8,967 ($125.73).

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Paddy Power Betfair Company Profile

Paddy Power Betfair plc, together with its subsidiaries, provides online interactive sports betting services in the United Kingdom, Ireland, Australia, the Unites States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting and pari-mutuel betting products, fixed odds games betting, online games and casino, and business-to-business services, as well as peer to peer games, including online bingo and poker.

Analyst Recommendations for Paddy Power Betfair (LON:PPB)

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