Analysts at Jefferies Financial Group initiated coverage on shares of PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) in a research note issued on Monday, February 4th, The Fly reports. The brokerage set a “buy” rating on the stock. Jefferies Financial Group also issued estimates for PADDY PWR BETFA/ADR’s FY2018 earnings at $2.26 EPS, FY2019 earnings at $2.12 EPS, FY2020 earnings at $2.35 EPS and FY2021 earnings at $2.63 EPS.
Separately, ValuEngine raised PADDY PWR BETFA/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, November 28th.
Shares of PDYPY traded up $0.44 during trading hours on Monday, hitting $40.96. 29,803 shares of the company were exchanged, compared to its average volume of 16,828. The firm has a market cap of $6.93 billion, a PE ratio of 16.00 and a beta of 0.53. PADDY PWR BETFA/ADR has a one year low of $39.01 and a one year high of $61.97.
PADDY PWR BETFA/ADR Company Profile
Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the Unites States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting and pari-mutuel betting products; fixed odds games betting; online games and casino; peer to peer games, including online bingo and poker; and business-to-business services.
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