Zacks Investment Research downgraded shares of Paddy Power Bet (OTCMKTS:PDYPY) from a strong-buy rating to a hold rating in a report published on Thursday morning.

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

Paddy Power Bet (OTCMKTS:PDYPY) opened at $60.49 on Thursday. Paddy Power Bet has a one year low of $43.40 and a one year high of $61.56.

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Paddy Power Bet Company Profile

Paddy Power Betfair plc, together with its subsidiaries, provides online interactive sports betting services in the United Kingdom, Ireland, Australia, the Unites States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting and pari-mutuel betting products, fixed odds games betting, online games and casino, and business-to-business services, as well as peer to peer games, including online bingo and poker.

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