Paddy Power Plc (PAP) Receives Consensus Rating of “Buy” from Brokerages
Shares of Paddy Power Plc (LON:PAP) have earned an average recommendation of “Buy” from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 8,708.75 ($117.21).
Several equities research analysts recently weighed in on PAP shares. Peel Hunt reissued a “buy” rating and issued a £100 ($134.59) price objective on shares of Paddy Power in a report on Monday, September 4th. Goldman Sachs Group decreased their price objective on Paddy Power from £110.35 ($148.52) to £106.60 ($143.47) and set a “buy” rating for the company in a report on Monday, August 21st. Deutsche Bank reissued a “buy” rating and issued a £105 ($141.32) price objective on shares of Paddy Power in a report on Monday, October 2nd. Citigroup reissued a “buy” rating and issued a GBX 8,700 ($117.09) price objective on shares of Paddy Power in a report on Monday, October 2nd. Finally, Numis Securities reissued a “hold” rating and issued a GBX 8,000 ($107.67) price objective on shares of Paddy Power in a report on Thursday, November 2nd.
Paddy Power has a 52 week low of GBX 65.81 ($0.89) and a 52 week high of GBX 142.75 ($1.92).
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