Paddy Power Betfair

PPB: 8,361.06 80.00 (▲0.97%)

Delayed:2016-12-12 18:15:00
Bid Price 8,350.00 High Price 8,460.00
Ask Price 8,360.00 Low Price 8,295.00
Open Price 8,460.00 Spread 0.12%
Prev Close 8,360.00 Volume 192,369.00

Paddy Power Betfair Share Price Chart

Intraday

Historic – 1 year


Paddy Power Betfair Share Price Information

Name Paddy Power Betfair Epic PPB
Sector Travel & Leisure ISIN IE00BWT6H894
Activites Paddy Power plc is the largest provider of fixed odds sports betting in Ireland. The company operates through licensed betting offices along with operating Ireland’s largest telephone (Paddy Power Dial-a-Bet), online (paddypower.com) and casino (paddypowercasino.com) betting operations. In February 2005 a brand new online poker service (paddypowerpoker.com) was launched. The company also markets its services in the UK. The company has as an unconventional approach towards betting; Paddy Power is committed to making low-stake betting more entertaining and accessible. Through this strategy the company has developed a strong reputation as ‘The Punter Friendly Bookmaker’ and has become renowned for its unique ‘Money Back Specials’. Security Type Equity

Key numbers

Latest Share Price (p) 8,360.00 Net Gearing (%) 60.29
Market Cap (£m) 6,869.40 Gross Gearing (%) 87.59
Shares in issue (m) 83.98 Debt Ratio 74.77
P/E Ratio 25.05 Debt-to-Equity Ratio 0.42
Divs per share (p) 180.00 Assets / Equity Ratio 8.06
Dividend Yield (%) 2.20 Price to book value 99.14
Dividend Cover 2.09 SROCE (%) 61.73
Earning per share (p) 326.50 EPS Growth (%) 8.44
52-week high / low (p) 14,275.00 / 6,525.00 DPS Growth (%) 18.42

Paddy Power Betfair Broker Views

Date Broker Rec. Price Old target price New target price Notes
12 Dec Goldman Sachs Buy 8,361.06 10100.00 11400.00 Upgrades
12 Dec Barclays Capital Overweight 8,361.06 11500.00 11500.00 Reiterates
09 Dec Berenberg Hold 8,361.06 7500.00 8300.00 Upgrades
23 Nov Peel Hunt Buy 8,361.06 11000.00 Initiates/Starts
15 Nov Barclays Capital Overweight 8,361.06 11500.00 11500.00 Reiterates

Paddy Power Betfair Director Deals

Date Director Type Volume / Price Trade Value
09 Nov 2016 Alex Gersh Sale Post-Exercise 40000 @ 9087.48p £3,634,992.00
09 Nov 2016 Alex Gersh Exercise 50000 @ 0.23p £115.00
24 Oct 2016 Breon Corcoran Buy 130 @ 6919.47p £8,995.31

Paddy Power Betfair Company News

Broker Forecast – Goldman Sachs issues a broker note on Paddy Power Betfair

Goldman Sachs today upgrades its investment rating on Paddy Power Betfair (LON:PPB) to buy (from neutral) and raised its price target to 11400p (from 10100p).

Story provided by StockMarketWire.com

Berenberg moves to hold on Paddy Power

Berenberg has had a change of heart in respect of betting firm Paddy Power Betfair (LON:PPB) and moved to a ‘hold’ call (from ‘sell’) after taking a fresh look at the leisure and gaming sector.

“In this report, we upgrade Paddy Power Betfair from Sell to Hold (PT 830p), as we have adjusted our numbers to incorporate its more bullish 2016 guidance and, following relatively poor share price performance, we think the current market multiples are hefty but sustainable.

“While risks to earnings on the UK digital side are substantial, we acknowledge that risks to its gaming machines revenues are extremely limited.”

The bank has upped its target to £83 from £75.


At 3:26pm: (LON:PPB) Paddy Power Betfair share price was +120p at 8300p



Story provided by StockMarketWire.com

Broker Forecast – Berenberg issues a broker note on Paddy Power Betfair

Berenberg today upgrades its investment rating on Paddy Power Betfair (LON:PPB) to hold (from sell) and raised its price target to 8300p (from 7500p).

Story provided by StockMarketWire.com

Broker Forecast – Peel Hunt issues a broker note on Paddy Power Betfair

Peel Hunt today initiates coverage of Paddy Power Betfair (LON:PPB) with a buy investment rating and price target of 11000p.

Story provided by StockMarketWire.com

Director Deals – Paddy Power Betfair (PPB)

Alex Gersh, Financial Director, sold post-exercise 40,000 shares in the company on the 7th November 2016 at a price of 9087.48p. The Director now holds 10,000 shares.


Story provided by StockMarketWire.com

Director deals data provided by www.directorsholdings.com