Paddy Power Plc (PAP) Receives “Buy” Rating from Deutsche Bank AG
Deutsche Bank AG reaffirmed their buy rating on shares of Paddy Power Plc (LON:PAP) in a research report released on Monday morning. Deutsche Bank AG currently has a £105 ($139.28) target price on the stock.
PAP has been the subject of a number of other research reports. Peel Hunt reiterated a buy rating and set a £100 ($132.64) target price on shares of Paddy Power Plc in a research note on Monday, September 4th. Goldman Sachs Group, Inc. (The) cut their price target on Paddy Power Plc from £110.35 ($146.37) to £106.60 ($141.40) and set a buy rating on the stock in a research note on Monday, August 21st. Numis Securities Ltd cut Paddy Power Plc to a hold rating and set a GBX 8,480 ($112.48) price target on the stock. in a research note on Thursday, July 13th. 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 ($111.69) price target for the company. Finally, Barclays PLC reaffirmed an overweight rating and set a GBX 9,550 ($126.67) price target on shares of Paddy Power Plc in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 8,967.09 ($118.94).
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