Zacks Investment Research upgraded shares of Paddy Power Betfai (NASDAQ:PDYPY) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Paddy Power Betfair Plc operates as an online betting and gaming company. Paddy Power Betfair Plc is headquartered in Dublin, Ireland. “

Shares of Paddy Power Betfai (NASDAQ PDYPY) opened at 45.32 on Tuesday. The firm has a market capitalization of $7.62 billion and a PE ratio of 44.34. The company has a 50-day moving average of $49.51 and a 200-day moving average of $53.67. Paddy Power Betfai has a 1-year low of $45.32 and a 1-year high of $62.50.

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