JPMorgan Chase & Co. Boosts Paddy Power Betfair (PPB) Price Target to GBX 8,690

Paddy Power Betfair (LON:PPB) had its target price hoisted by JPMorgan Chase & Co. from GBX 8,420 ($114.18) to GBX 8,690 ($117.85) in a research note released on Friday. The brokerage currently has a neutral rating on the stock.

Several other research analysts have also weighed in on the stock. Barclays restated an overweight rating and set a GBX 9,400 ($127.47) target price on shares of Paddy Power Betfair in a research report on Monday, December 18th. Deutsche Bank restated a buy rating and set a £105 ($142.39) target price on shares of Paddy Power Betfair in a research report on Wednesday, November 1st. Macquarie started coverage on shares of Paddy Power Betfair in a research report on Wednesday, October 11th. They set an outperform rating and a GBX 8,500 ($115.27) target price on the stock. lowered their target price on shares of Paddy Power Betfair from GBX 6,900 ($93.57) to GBX 5,700 ($77.30) and set a reduce rating on the stock in a research report on Thursday, September 21st. Finally, Numis Securities restated a hold rating and set a GBX 8,000 ($108.49) target price on shares of Paddy Power Betfair in a research report on Thursday, November 2nd. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 8,082.50 ($109.61).

Paddy Power Betfair (PPB) opened at GBX 8,490 ($115.13) on Friday. Paddy Power Betfair has a 1 year low of GBX 6,572.50 ($89.13) and a 1 year high of GBX 8,967 ($121.60). The firm has a market cap of $7,170.00 and a PE ratio of 5,407.64.

In other news, insider Alexander Gersh sold 20,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of GBX 8,273 ($112.19), for a total value of £1,654,600 ($2,243,829.67).

TRADEMARK VIOLATION NOTICE: This article was originally reported by BBNS and is owned by of BBNS. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://baseballnewssource.com/markets/jpmorgan-chase-co-boosts-paddy-power-betfair-ppb-price-target-to-gbx-8690/1836153.html.

Analyst Recommendations for Paddy Power Betfair (LON:PPB)

Receive News & Ratings for Paddy Power Betfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paddy Power Betfair and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Giants Will Retire No. 25 of Barry Bonds in August
Giants Will Retire No. 25 of Barry Bonds in August


Leave a Reply

 
© 2006-2018 BBNS.