PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) Rating Lowered to Sell at Zacks Investment Research

PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday, 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. “

Shares of OTCMKTS PDYPY opened at $55.99 on Thursday. PADDY PWR BETFA/ADR has a 1-year low of $35.16 and a 1-year high of $63.61. The company has a fifty day moving average price of $59.28 and a 200 day moving average price of $51.70.

About PADDY PWR BETFA/ADR

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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