Paddy Power Betfair Plc (PPB) Stock Rating Reaffirmed by Deutsche Bank AG
Paddy Power Betfair Plc (LON:PPB)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank AG in a report released on Thursday. They currently have a £105 ($135.80) target price on the stock. Deutsche Bank AG’s target price points to a potential upside of 51.95% from the company’s previous close.
Other equities analysts also recently issued reports about the stock. Peel Hunt reaffirmed a “buy” rating and set a £100 ($129.33) price objective on shares of Paddy Power Betfair Plc in a report on Tuesday, August 8th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 8,000 ($103.47) price target on shares of Paddy Power Betfair Plc in a report on Tuesday, August 8th. Barclays PLC cut their price target on shares of Paddy Power Betfair Plc from £100 ($129.33) to GBX 9,550 ($123.51) and set an “overweight” rating on the stock in a report on Monday, July 17th. Shore Capital reissued a “hold” rating on shares of Paddy Power Betfair Plc in a report on Tuesday, August 8th. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a £106.60 ($137.87) price target (down from £110.35 ($142.72)) on shares of Paddy Power Betfair Plc in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 9,100 ($117.69).
Paddy Power Betfair Plc (PPB) opened at 6910.00 on Thursday. The stock has a 50 day moving average of GBX 7,385.00 and a 200 day moving average of GBX 8,199.43. The company’s market capitalization is GBX 5.81 billion. Paddy Power Betfair Plc has a 12 month low of GBX 6,785.00 and a 12 month high of GBX 9,750.00.
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