Ladbrokes PLC (LAD) to Release Earnings on Tuesday
Ladbrokes PLC (LON:LAD) will be posting its quarterly earnings results on Tuesday, August 12th. Parties interested in listening to the company’s conference call can do so using this link.
Shares of Ladbrokes PLC (LON:LAD) traded up 2.04% during mid-day trading on Monday, hitting GBX 129.90. 1,865,935 shares of the company’s stock traded hands. Ladbrokes PLC has a one year low of GBX 125.90 and a one year high of GBX 204.80. The stock’s 50-day moving average is GBX 135.6 and its 200-day moving average is GBX 143.8. The company’s market cap is £1.183 billion.
LAD has been the subject of a number of recent research reports. Analysts at Nomura reiterated a “reduce” rating on shares of Ladbrokes PLC in a research note on Monday. On a related note, analysts at BNP Paribas reiterated an “outperform” rating on shares of Ladbrokes PLC in a research note on Monday. They now have a GBX 180 ($3.02) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “sell” rating on shares of Ladbrokes PLC in a research note on Thursday. They now have a GBX 125 ($2.10) price target on the stock. Ten analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 196.78 ($3.30).
Ladbrokes plc is engaged in betting and gaming. The Company operates in five segments: UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers.
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