HSBC Holdings plc Raises Paddy Power Plc (PAP) Price Target to GBX 6,000
Paddy Power Plc (LON:PAP) had its price target upped by HSBC Holdings plc from GBX 5,700 ($75.22) to GBX 6,000 ($79.18) in a report published on Thursday, StockTargetPrices.com reports. The firm currently has a reduce rating on the stock.
Several other analysts also recently weighed in on PAP. Peel Hunt cut their price target on Paddy Power Plc from £110 ($145.16) to £100 ($131.96) and set a buy rating on the stock in a research note on Monday, July 10th. Numis Securities Ltd downgraded Paddy Power Plc to a hold rating and set a GBX 8,480 ($111.90) price target on the stock. in a research note on Thursday, July 13th. Barclays PLC upped their price target on Paddy Power Plc from GBX 9,550 ($126.02) to £100 ($131.96) and gave the stock an overweight rating in a research note on Monday, July 17th. Shore Capital restated a hold rating on shares of Paddy Power Plc in a research note on Tuesday, August 8th. Finally, Goldman Sachs Group, Inc. (The) cut their target price on Paddy Power Plc from £110.35 ($145.62) to £106.60 ($140.67) and set a buy rating on the stock in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 8,953.17 ($118.15).
Paddy Power Plc has a 52-week low of GBX 65.81 ($0.87) and a 52-week high of GBX 142.75 ($1.88).
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