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Pin to quick picksPaddy Power Betfair Share News (PPB)

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Jefferies bullish on bookies GVC, Hills and PPB

Mon, 04th Feb 2019 11:50

(Sharecast News) - GVC Holdings, William Hill and Paddy Power Betfair were all initiated at 'buy' by Jefferies on Monday as analysts see "at least a decade" of growth in the USA.Jefferies analysts see two stages in the evolution of the UK listed gaming sector an imminent re-rating "now that the regulation-driven downgrade cycle is largely complete and there is greater earnings certainty".This, they predict, will be followed by a "realisation of the scale of US sports betting opportunity", which by 2023 they forecast could be worth $12bn in gross yield, which is nearly three times as large as the UK's $4.2bn.GVC was given a share price target of 1,100p, Paddy Power Betfair of 7,900p and William Hill 230p.The price targets "do not include any upside from the USA".
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10 Aug 2018 16:59

LONDON MARKET CLOSE: Trade Fears Sink Stocks, Solid GDP Partly Offsets

LONDON (Alliance News) - Stocks in London closed lower Friday following global peers amid rising global tensions, though the impact in the UK was softened by generally upbeat GDP growth figures. The

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8 Aug 2018 17:09

LONDON MARKET CLOSE: FTSE Defies Trade Woes To Outshine European Peers

LONDON (Alliance News) - Stocks ended higher on Wednesday amid weakness in the pound, with London's flagship index outperforming European counterparts as trade war fears plagued financial markets

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8 Aug 2018 12:12

LONDON MARKET MIDDAY: FTSE 100 Up As No-Deal Brexit Fears Sinks Pound

LONDON (Alliance News) - Stocks in London were higher at midday on Wednesday with the FTSE 100 given a boost by the weak pound, which continued to sink over "No-deal" Brexit concerns.The up

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8 Aug 2018 11:17

EXTRA: Paddy Power Progresses Buyback But Lowers Annual Forecasts

LONDON (Alliance News) - Paddy Power Betfair PLC on Wednesday said the second tranche of its share buyback is to commence shortly, as it reported profit growth in the first half of the bookmaker a

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8 Aug 2018 10:56

WINNERS & LOSERS SUMMARY: Hill & Smith Sinks As Interim Profit Drops

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - LOSERS----------Paddy Power

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8 Aug 2018 08:44

TOP NEWS: Paddy Power Cuts Earnings Guidance As Interim Profit Rises

LONDON (Alliance News) - Paddy Power Betfair PLC on Wednesday said its profit grew slightly in the first half of 2018, but the bookmaker lowered its earnings expectations due to uncertainty over a

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8 Aug 2018 08:39

LONDON MARKET OPEN: Stocks Mixed As Paddy Power, Glencore Fall

LONDON (Alliance News) - Stock prices in London were mixed early on Wednesday, with Paddy Power and Glencore dragging the large cap index while Hill &

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8 Aug 2018 07:50

LONDON MARKET PRE-OPEN: Stocks Called Lower, Glencore Earnings Surge

LONDON (Alliance News) - Stock prices in London are called for a lower open on Wednesday, as miner Glencore reported a record interim earnings performance, as did newly-spun out wealth manager the

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8 Aug 2018 07:15

World Cup helps Paddy Power Betfair H1 to small rise

(Sharecast News) - A flurry of betting before the football World Cup in the second quarter increased interim pre-tax profits at Paddy Power Betfair by 4% to £106m as revenue rose 5% to £867m.

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3 Aug 2018 08:44

Paddy Power Betfair's FanDuel inks deal with Boyd Gaming

(Sharecast News) - Paddy Power Betfair announced on Friday that its subsidiary, FanDuel Group, has entered into an agreement with Boyd Gaming to co-operate in the US sport betting and online casino markets.

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3 Aug 2018 07:40

LONDON MARKET PRE-OPEN: RBS To Resume Payout For First Time Since 2008

LONDON (Alliance News) - Stock prices in London were seen opening higher, rebounding from sharp losses on Thursday, as Royal Bank of Scotland said it will pay its first dividend out

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1 Aug 2018 16:11

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 2 August ConvatecHalf Year ResultsRolls-Royce HoldingsHalf Year Year Year Year 3

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2 Jul 2018 18:23

HSBC Rises Holding In Paddy Power To 5.4% From Below Notifiable Level (ALLISS)

LONDON (Alliance News) - Paddy Power Betfair PLC on Monday said HSBC Bank PLC upped holding in the FTSE 100-listed gambling firm.After a transaction on Tuesday last week, the bank increased

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15 Jun 2018 18:11

DIRECTOR DEALINGS: Soon-To-Join Bank Of Ireland Chairman Buys Stock

LONDON (Alliance News) - Bank of Ireland Group PLC said incoming Chairman Patrick Kennedy bought EUR202,350 worth of shares in the company on Friday.Kennedy bought 30,000 shares at a price

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24 May 2018 17:36

LONDON MARKET CLOSE: FTSE 100 Closes Lower After Data Boosts Pound

LONDON (Alliance News) - Stocks in London closed lower Thursday after the pound rose following the announcement that UK retail sales rebounded in April with a 1.6% rise.The FTSE 100 index - with a of

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