Jefferies Group reissued their buy rating on shares of Betfair Group (LON:BET) in a research report released on Wednesday morning, Analyst Ratings Network reports. Jefferies Group currently has a GBX 1,175 ($19.24) price objective on the stock.
A number of other analysts have also recently weighed in on BET. Analysts at HSBC reiterated an overweight rating on shares of Betfair Group in a research note to investors on Wednesday. They now have a GBX 1,245 ($20.38) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a buy rating on shares of Betfair Group in a research note to investors on Tuesday. Finally, analysts at Panmure Gordon reiterated a buy rating on shares of Betfair Group in a research note to investors on Friday, November 29th. They now have a GBX 1,317 ($21.56) price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Betfair Group currently has an average rating of Buy and an average price target of GBX 1,088.57 ($17.82).
Betfair Group (LON:BET) traded down 0.37% on Wednesday, hitting GBX 1076.00. The stock had a trading volume of 551,660 shares. Betfair Group has a 52-week low of GBX 641.51 and a 52-week high of GBX 1118.00. The stock’s 50-day moving average is GBX 1008. and its 200-day moving average is GBX 947.4.
The company also recently declared a dividend, which is scheduled for Friday, January 17th. Investors of record on Wednesday, December 11th will be given a dividend of $6.00 per share. This represents a yield of 0.56%. The ex-dividend date of this dividend is Wednesday, December 11th.
Betfair Group plc is an online betting and gaming operator. The Company’s segments include Sports, Games, Poker, Management of customer funds, Other investments, Betfair US, LMAX and High rollers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.