Shore Capital restated their hold rating on shares of Paddy Power Plc (LON:PAP) in a report published on Tuesday, StockTargetPrices.com reports. They now have an overweight rating on the stock.
Several other research firms have also recently weighed in on PAP. Peel Hunt dropped their price objective on shares of Paddy Power Plc from £110 ($143.25) to £100 ($130.23) and set a buy rating on the stock in a research note on Monday, July 10th. (The) reissued a buy rating and set a £113 ($147.15) target price on shares of Paddy Power Plc in a research report on Tuesday, May 30th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 8,000 ($104.18) price objective on shares of Paddy Power Plc in a research report on Tuesday. The consensus target price is 10,068.10GBX with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 1 firm rating the stock a hold, 1 firm rating the stock a underperform, and finally 2 firms rating the stock a sell. The stock presently has an average rating of Hold and a consensus price target of GBX 9,311.64 ($121.26).
Yesterday Paddy Power Betfair (LON:PPB) traded 0.14% higher at 8,250.00GBX. The firm has a 50 day moving average of GBX 7,890.21 and a 200-day moving average of GBX 8,339.39. The correct version of this story can be read at https://www.baseball-news-blog.com/2017/08/11/paddy-power-betfair-plc-lonppb-pt-lowered-to-gbx-9550-updated-updated-updated.html.
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COPYRIGHT VIOLATION WARNING: "Paddy Power Betfair Plc (LON:PPB) Rating Reiterated by Peel Hunt" was first reported by StockNewsTimes and is the sole property of of StockNewsTimes.
The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd.