Shore Capital Reiterates “Buy” Rating for Ladbrokes Coral Group (LCL)
A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley restated an overweight rating and issued a GBX 210 ($2.85) price objective on shares of Ladbrokes Coral Group in a research report on Monday, October 2nd. Berenberg Bank decreased their price objective on shares of Ladbrokes Coral Group from GBX 160 ($2.17) to GBX 155 ($2.10) and set a buy rating on the stock in a research report on Wednesday, October 4th. Canaccord Genuity restated a buy rating and issued a GBX 165 ($2.24) price objective on shares of Ladbrokes Coral Group in a research report on Friday, October 20th. Deutsche Bank restated a buy rating and issued a GBX 170 ($2.31) price objective on shares of Ladbrokes Coral Group in a research report on Wednesday, November 1st. Finally, Peel Hunt restated a buy rating and issued a GBX 200 ($2.71) price objective on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of GBX 168 ($2.28).
Shares of Ladbrokes Coral Group (LON:LCL) opened at GBX 181.70 ($2.46) on Thursday. The firm has a market cap of $3,490.00 and a price-to-earnings ratio of -1,135.63. Ladbrokes Coral Group has a one year low of GBX 110.30 ($1.50) and a one year high of GBX 190.15 ($2.58).
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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