Paddy Power Plc (PAP) Earns “Buy” Rating from Citigroup Inc.
Paddy Power Plc (LON:PAP)‘s stock had its “buy” rating restated by equities researchers at Citigroup Inc. in a research note issued on Monday. They currently have a GBX 8,700 ($117.00) price target on the stock.
Other analysts have also recently issued reports about the company. Barclays PLC reissued an “overweight” rating on shares of Paddy Power Plc in a report on Friday, June 9th. J P Morgan Chase & Co started coverage on Paddy Power Plc in a report on Wednesday, June 21st. They set a “neutral” rating and a GBX 8,420 ($113.23) price objective on the stock. Peel Hunt dropped their price objective on Paddy Power Plc from £110 ($147.93) to £100 ($134.48) and set a “buy” rating on the stock in a report on Monday, July 10th. Numis Securities Ltd lowered Paddy Power Plc to a “hold” rating and set a GBX 8,480 ($114.04) price objective on the stock. in a report on Thursday, July 13th. Finally, Shore Capital reissued a “hold” rating on shares of Paddy Power Plc in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 8,967.09 ($120.59).
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