PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) from a hold rating to a sell rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Flutter Entertainment PLC is involved in bookmaking business. Its brands portfolio consists of Betfair, Paddy Power, Sportsbet, TVG and FanDuel. Flutter Entertainment PLC, formerly known as Paddy Power Betfair plc, is based in DUBLIN, Ireland. “

Separately, JPMorgan Chase & Co. assumed coverage on PADDY PWR BETFA/ADR in a research report on Friday, October 11th. They issued a neutral rating on the stock.

Shares of OTCMKTS PDYPY opened at $49.50 on Tuesday. PADDY PWR BETFA/ADR has a 52-week low of $35.16 and a 52-week high of $51.47. The business’s 50 day moving average is $47.22 and its two-hundred day moving average is $41.84.

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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