Several analysts have recently updated their ratings and price targets for Paddy Power Betfair Plc (LON: PPB):
Paddy Power Betfair Plc (LON:PPB) traded up 0.35% on Tuesday, hitting GBX 8675.00. 264,555 shares of the company’s stock were exchanged. The stock’s market cap is GBX 7.25 billion. The firm has a 50 day moving average price of GBX 8,642.30 and a 200-day moving average price of GBX 8,630.28. Paddy Power Betfair Plc has a 52-week low of GBX 6,525.00 and a 52-week high of GBX 10,028.56.
The company also recently announced a dividend, which will be paid on Wednesday, May 24th. Investors of record on Thursday, April 6th will be paid a GBX 113 ($1.42) dividend. This represents a dividend yield of 1.37%. This is an increase from Paddy Power Betfair Plc’s previous dividend of $40.00. The ex-dividend date of this dividend is Thursday, April 6th.
In related news, insider Alexander Gersh sold 40,395 shares of Paddy Power Betfair Plc stock in a transaction on Friday, March 10th. The shares were sold at an average price of GBX 8,805 ($110.66), for a total value of £3,556,779.75 ($4,470,000.94).