Paddy Power Plc (LON:PAP) has received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 9,668.64 ($120.80).

A number of equities analysts have commented on PAP shares. Investec upgraded Paddy Power Plc to a “hold” rating and set a GBX 9,170 ($114.57) target price for the company in a research note on Wednesday, November 2nd. Liberum Capital restated a “hold” rating and issued a GBX 9,835 ($122.88) target price on shares of Paddy Power Plc in a research note on Friday, November 4th. Credit Suisse Group AG restated an “underperform” rating and issued a GBX 8,650 ($108.07) target price on shares of Paddy Power Plc in a research note on Thursday, August 25th. Barclays PLC restated an “overweight” rating and issued a £115 ($143.68) target price on shares of Paddy Power Plc in a research note on Wednesday, August 31st. Finally, Peel Hunt started coverage on Paddy Power Plc in a research note on Wednesday. They issued a “buy” rating and a £110 ($137.43) target price for the company.

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About Paddy Power Plc

Paddy Power plc is an Ireland-based international betting and gaming company. The Company provides sports betting services through the Internet (paddypower.com, sportsbet.com.au and iasbet.com.au); through a chain of licensed betting offices (Paddy Power Bookmaker); and by telephone (Dial-a-Bet). It also provides online gaming services principally through paddypower.com, paddypowergames.com, paddypowercasino.com, paddypowerpoker.com and paddypowerbingo.com.

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