Paddy Power Plc's (LON:PAP) "Hold" Rating Reiterated at Numis Securities Ltd

Paddy Power Betfair

Paddy Power Betfair

Peel Hunt reissued their buy rating on shares of Paddy Power Betfair Plc (LON:PPB) in a report released on Tuesday morning. They now have an overweight rating on the stock.

PAP has been the subject of several other research reports. Peel Hunt reissued a buy rating and set a £100 ($130.23) target price on shares of Paddy Power Plc in a research report on Tuesday. (The) reissued a "buy" rating and issued a £113 ($147.15) price target on shares of Paddy Power Plc in a report on Tuesday, May 30th. Barclays PLC reiterated an overweight rating on shares of Paddy Power Plc in a research note on Friday, June 9th. J P Morgan Chase & Co assumed coverage on shares of Paddy Power Betfair Plc in a report on Wednesday, June 21st. They set a "neutral" rating and a GBX 8,420 ($109.65) price objective for the company. The company has a consensus rating of Hold and a consensus target price of GBX 9,311.64 ($121.26).

Shares of Paddy Power Betfair Plc (LON:PPB) traded up 0.14% during trading on Monday, hitting GBX 7255.00. The firm's market capitalization is GBX 6.03 billion. The company's 50-day moving average is 7,851.16GBX and its 200-day moving average is 8,331.80GBX. Paddy Power Betfair Plc has a 52 week low of GBX 7,110.00 and a 52 week high of GBX 10,028.60.

ILLEGAL ACTIVITY NOTICE: "Barclays PLC Lowers Paddy Power Betfair Plc (LON:PPB) Price Target to GBX 9,550" was originally reported by BNB Daily and is the sole property of of BNB Daily. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of US and worldwide trademark and copyright laws. Barclays PLC now has an overweight rating on the stock.

The company also recently declared a dividend, which will be paid on Friday, September 22nd. This represents a dividend yield of 0.9%.

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