Weekly Analysts’ Ratings Updates for Paddy Power Betfair Plc (PPB)

Weekly Analysts’ Ratings Updates for Paddy Power Betfair Plc (PPB)

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).

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