Barclays PLC reiterated their overweight rating on shares of Ladbrokes Coral Group PLC (LON:LAD) in a research report sent to investors on Tuesday, StockTargetPrices.com reports. The brokerage currently has a GBX 165 ($2.13) price objective on the casino operator’s stock.
LAD has been the topic of several other research reports. Berenberg Bank reiterated a buy rating and issued a GBX 160 ($2.07) price target on shares of Ladbrokes Coral Group PLC in a research note on Monday, May 8th. Numis Securities Ltd restated a hold rating and issued a GBX 138 ($1.78) target price on shares of Ladbrokes Coral Group PLC in a report on Thursday, August 31st. Shore Capital restated a buy rating on shares of Ladbrokes Coral Group PLC in a report on Thursday, July 27th. Peel Hunt restated a buy rating and issued a GBX 200 ($2.58) target price on shares of Ladbrokes Coral Group PLC in a report on Thursday, July 27th. Finally, J P Morgan Chase & Co assumed coverage on shares of Ladbrokes Coral Group PLC in a report on Wednesday, June 21st. They issued an overweight rating and a GBX 133 ($1.72) target price on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 156.47 ($2.02).
Ladbrokes Coral Group PLC (LON LAD) opened at 133.29 on Tuesday. The company has a 50-day moving average price of GBX 127.37 and a 200-day moving average price of GBX 127.04. Ladbrokes Coral Group PLC has a 1-year low of GBX 105.60 and a 1-year high of GBX 164.80.
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Ladbrokes Coral Group PLC Company Profile
Ladbrokes Coral Group plc, formerly Ladbrokes plc, is engaged in the betting and gaming industry. The Company’s segments are UK Retail, European Retail and Digital. The UK Retail segment consists of betting activities in the shop estate in Great Britain. The Company is involved in traditional over-the-counter betting on football, horse and greyhound racing, as well as other sports and by machines.
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