HSBC Holdings plc cut shares of Paddy Power Betfair Plc (LON:PPB) to a hold rating in a research note published on Wednesday morning. They currently have GBX 8,900 ($111.22) target price on the stock.
A number of other brokerages have also recently commented on PPB. Davy Research reiterated an outperform rating on shares of Paddy Power Betfair Plc in a report on Tuesday, November 1st. Investec reiterated a hold rating and set a GBX 1,122 ($14.02) target price (down previously from GBX 9,170 ($114.60)) on shares of Paddy Power Betfair Plc in a report on Wednesday, November 2nd. Liberum Capital reiterated a hold rating and set a GBX 9,835 ($122.91) target price on shares of Paddy Power Betfair Plc in a report on Friday, November 4th. Goodbody reiterated a buy rating on shares of Paddy Power Betfair Plc in a report on Friday, November 4th. Finally, Barclays PLC reiterated an overweight rating and set a £115 ($143.71) target price on shares of Paddy Power Betfair Plc in a report on Monday, November 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 9,902 ($123.74).
Shares of Paddy Power Betfair Plc (LON:PPB) opened at 8465.00 on Wednesday. The company has a 50 day moving average price of GBX 8,574.59 and a 200 day moving average price of GBX 8,765.03. Paddy Power Betfair Plc has a 12-month low of GBX 6,525.00 and a 12-month high of GBX 11,012.68. The stock’s market cap is GBX 7.04 billion.
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