Paddy Power Betfair plc (PPB) Earns Neutral Rating from J P Morgan Chase & Co

Paddy Power Betfair plc (LON:PPB)‘s stock had its “neutral” rating restated by analysts at J P Morgan Chase & Co in a report released on Thursday, November 2nd. They presently have a GBX 8,420 ($110.75) target price on the stock. J P Morgan Chase & Co’s price target suggests a potential downside of 3.66% from the stock’s current price.

A number of other research firms have also commented on PPB. Peel Hunt reiterated a “buy” rating and issued a £100 ($131.53) price objective on shares of Paddy Power Betfair plc in a research report on Tuesday, August 8th. Berenberg Bank cut their price target on Paddy Power Betfair plc from GBX 8,300 ($109.17) to GBX 7,600 ($99.96) and set a “hold” rating on the stock in a research note on Wednesday, September 6th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 8,000 ($105.22) price target on shares of Paddy Power Betfair plc in a research note on Tuesday, August 8th. Barclays PLC cut their price target on Paddy Power Betfair plc from £100 ($131.53) to GBX 9,550 ($125.61) and set an “overweight” rating on the stock in a research note on Monday, July 17th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Paddy Power Betfair plc in a research note on Tuesday, August 8th. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. Paddy Power Betfair plc has an average rating of “Hold” and a consensus price target of GBX 8,040.63 ($105.76).

Paddy Power Betfair plc (LON:PPB) traded up GBX 40 ($0.53) during midday trading on Thursday, hitting GBX 8,740 ($114.95). The company had a trading volume of 77,766 shares, compared to its average volume of 138,430. Paddy Power Betfair plc has a fifty-two week low of GBX 6,572.50 ($86.45) and a fifty-two week high of GBX 8,945 ($117.65).

WARNING: “Paddy Power Betfair plc (PPB) Earns Neutral Rating from J P Morgan Chase & Co” was posted by BBNS and is owned by of BBNS. If you are accessing this article on another domain, it was illegally copied and republished in violation of international trademark & copyright law. The legal version of this article can be accessed at https://baseballnewssource.com/markets/paddy-power-betfair-plcs-ppb-neutral-rating-reaffirmed-at-j-p-morgan-chase-co/1750173.html.

In related news, insider Alexander Gersh sold 20,000 shares of Paddy Power Betfair plc stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of GBX 8,273 ($108.81), for a total transaction of £1,654,600 ($2,176,246.22).

Analyst Recommendations for Paddy Power Betfair plc (LON:PPB)

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

 


Latest News

Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot
Angels Sign Former Prospect with Braves Kevin Maitan
Angels Sign Former Prospect with Braves Kevin Maitan
Shohei Ohtani Has Turned Down Red Sox and Yankees
Shohei Ohtani Has Turned Down Red Sox and Yankees
Free Agency Season Has Finally Heated Up
Free Agency Season Has Finally Heated Up


Leave a Reply

 
© 2006-2017 BBNS.