Paddy Power Plc (PAP) Receives “Buy” Rating from Deutsche Bank AG
Deutsche Bank AG restated their buy rating on shares of Paddy Power Plc (LON:PAP) in a research note issued to investors on Thursday morning. The firm currently has a £105 ($135.80) price target on the stock.
Other research analysts have also recently issued research reports about the stock. Numis Securities Ltd reiterated an add rating and issued a £100 ($129.33) price target on shares of Paddy Power Plc in a report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a £113 ($146.15) price target on shares of Paddy Power Plc in a report on Tuesday, May 30th. Peel Hunt reiterated a buy rating and issued a £110 ($142.27) price target on shares of Paddy Power Plc in a report on Tuesday, May 23rd. Shore Capital reiterated a hold rating on shares of Paddy Power Plc in a report on Tuesday, August 8th. Finally, J P Morgan Chase & Co started coverage on shares of Paddy Power Plc in a report on Wednesday, June 21st. They issued a neutral rating and a GBX 8,420 ($108.90) price target for the company. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of GBX 9,313.80 ($120.46).
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