HSBC Boosts Paddy Power Betfair Plc (PPB) Price Target to £100
A number of other equities analysts have also recently weighed in on the company. Investec raised Paddy Power Betfair Plc to a buy rating and lifted their price target for the stock from GBX 9,170 ($113.59) to £100 ($123.87) in a research note on Tuesday. Canaccord Genuity reissued an add rating and issued a £100 ($123.87) price target on shares of Paddy Power Betfair Plc in a research note on Monday. Numis Securities Ltd reissued an add rating and issued a £100 ($123.87) price target on shares of Paddy Power Betfair Plc in a research note on Monday. Barclays PLC reissued an overweight rating and issued a £115 ($142.45) price target on shares of Paddy Power Betfair Plc in a research note on Monday. Finally, Goodbody reissued a buy rating on shares of Paddy Power Betfair Plc in a research note on Friday, November 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 9,747.08 ($120.74).
Paddy Power Betfair Plc (LON:PPB) opened at 8930.00 on Tuesday. The stock’s market cap is GBX 7.42 billion. Paddy Power Betfair Plc has a 12-month low of GBX 6,525.00 and a 12-month high of GBX 14,275.00. The company has a 50-day moving average of GBX 8,715.95 and a 200 day moving average of GBX 8,883.09.
In other Paddy Power Betfair Plc news, insider Alexander Gersh sold 40,000 shares of Paddy Power Betfair Plc stock in a transaction dated Monday, November 7th. The stock was sold at an average price of GBX 9,087 ($112.56), for a total transaction of £3,634,800 ($4,502,415.46).
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