Today, Numis Securities Ltd Reiterates Add Rating for Paddy Power Betfair Plc (PPB)

Today, Numis Securities Ltd Reiterates Add Rating for Paddy Power Betfair Plc (PPB)

Paddy Power Betfair Plc (LON:PPB)‘s stock had its “add” rating restated by stock analysts at Numis Securities Ltd in a research note issued to investors on Monday. They currently have a £100 ($124.94) price objective on the stock. Numis Securities Ltd’s target price suggests a potential upside of 16.21% from the stock’s current price.

PPB has been the topic of several other research reports. Liberum Capital reiterated a “hold” rating on shares of Paddy Power Betfair Plc in a research note on Wednesday, August 24th. Credit Suisse Group AG reiterated an “underperform” rating and issued a GBX 8,650 ($108.07) price objective on shares of Paddy Power Betfair Plc in a research note on Wednesday, August 24th. Davy Research reiterated an “outperform” rating on shares of Paddy Power Betfair Plc in a research note on Tuesday, November 1st. Barclays PLC restated an “overweight” rating and set a £115 ($143.68) price target on shares of Paddy Power Betfair Plc in a research note on Wednesday, August 31st. Finally, Shore Capital restated a “hold” rating on shares of Paddy Power Betfair Plc in a research note on Wednesday, August 24th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. Paddy Power Betfair Plc currently has a consensus rating of “Hold” and an average price target of GBX 9,843.46 ($122.98).

Paddy Power Betfair Plc (LON:PPB) opened at 8605.00 on Monday. Paddy Power Betfair Plc has a one year low of GBX 6,525.00 and a one year high of GBX 14,275.00. The firm has a 50-day moving average of GBX 8,678.38 and a 200-day moving average of GBX 8,863.97. The firm’s market cap is GBX 7.15 billion.

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