Paddy Power Bet (PDYPY) Downgraded by Zacks Investment Research to “Hold”

Paddy Power Bet (OTCMKTS:PDYPY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “Paddy Power Betfair Plc operates as an online betting and gaming company. Paddy Power Betfair Plc is headquartered in Dublin, Ireland. “

Paddy Power Bet (OTCMKTS PDYPY) opened at $59.50 on Thursday. Paddy Power Bet has a 1-year low of $43.40 and a 1-year high of $60.74.

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Paddy Power Bet Company Profile

Paddy Power Betfair plc, together with its subsidiaries, provides online interactive sports betting services 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, and business-to-business services, as well as peer to peer games, including online bingo and poker.

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