Macquarie began coverage on shares of Paddy Power Plc (LON:PAP) in a report issued on Wednesday, October 11th, StockTargetPrices.com reports. The firm issued an outperform rating and a GBX 8,500 ($112.17) price objective on the stock.
Several other research firms also recently issued reports on PAP. HSBC Holdings plc cut their price target on Paddy Power Plc from GBX 6,900 ($91.05) to GBX 5,700 ($75.22) and set a reduce rating on the stock in a research note on Thursday, September 21st. Goldman Sachs Group, Inc. (The) restated a buy rating on shares of Paddy Power Plc in a research report on Monday, September 11th. Peel Hunt restated a buy rating and issued a £100 ($131.96) price objective on shares of Paddy Power Plc in a research report on Monday, September 4th. Deutsche Bank AG restated a buy rating and issued a £105 ($138.56) price objective on shares of Paddy Power Plc in a research report on Thursday, August 31st. Finally, Shore Capital restated a hold rating on shares of Paddy Power Plc in a research report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 8,928.17 ($117.82).
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