Stock analysts at Macquarie started coverage on shares of Paddy Power Plc (LON:PAP) in a research note issued to investors on Wednesday. The firm set an “outperform” rating and a GBX 8,500 ($111.75) price target on the stock.
PAP has been the subject of a number of other research reports. Peel Hunt reissued a “buy” rating and issued a £100 ($131.48) price objective on shares of Paddy Power Plc in a research note on Monday, September 4th. Deutsche Bank AG reissued a “buy” rating and issued a £105 ($138.05) price objective on shares of Paddy Power Plc in a research note on Thursday, August 31st. Goldman Sachs Group, Inc. (The) reduced their price objective on shares of Paddy Power Plc from £110.35 ($145.08) to £106.60 ($140.15) and set a “buy” rating for the company in a research note on Monday, August 21st. Numis Securities Ltd reissued a “hold” rating and issued a GBX 8,000 ($105.18) price objective on shares of Paddy Power Plc in a research note on Tuesday, August 8th. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 9,550 ($125.56) price objective on shares of Paddy Power Plc in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 8,928.17 ($117.38).
TRADEMARK VIOLATION NOTICE: “Macquarie Initiates Coverage on Paddy Power Plc (PAP)” was posted by Stock Observer and is owned by of Stock Observer. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.thestockobserver.com/2017/10/13/macquarie-initiates-coverage-on-paddy-power-plc-pap.html.
Receive News & Ratings for Paddy Power Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paddy Power Plc and related companies with MarketBeat.com's FREE daily email newsletter.