Paddy Power Betfair Plc (LON:PPB)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays PLC in a report issued on Tuesday. They currently have a £115 ($143.68) price target on the stock. Barclays PLC’s target price indicates a potential upside of 30.24% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Liberum Capital reaffirmed an “add” rating on shares of Paddy Power Betfair Plc in a research report on Tuesday, September 6th. Numis Securities Ltd reaffirmed an “add” rating and set a £100 ($124.94) price target on shares of Paddy Power Betfair Plc in a research report on Monday, November 7th. Canaccord Genuity reaffirmed an “add” rating and set a £100 ($124.94) price target on shares of Paddy Power Betfair Plc in a research report on Monday, November 7th. Goodbody reiterated a “buy” rating on shares of Paddy Power Betfair Plc in a research note on Friday, November 4th. Finally, HSBC boosted their price objective on Paddy Power Betfair Plc from GBX 9,850 ($123.06) to £100 ($124.94) and gave the company a “buy” rating in a research note on Tuesday, November 8th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. Paddy Power Betfair Plc currently has an average rating of “Hold” and an average target price of GBX 9,747.08 ($121.78).

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

Paddy Power Betfair Plc (LON:PPB) opened at 8845.00 on Tuesday. The stock’s market capitalization is GBX 7.35 billion. Paddy Power Betfair Plc has a 1-year low of GBX 6,525.00 and a 1-year high of GBX 14,275.00. The firm’s 50 day moving average is GBX 8,703.19 and its 200 day moving average is GBX 8,885.59.

In other Paddy Power Betfair Plc news, insider Alexander Gersh sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of GBX 9,087 ($113.53), for a total value of £3,634,800 ($4,541,229.39).

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