Ladbrokes PLC (OTCMKTS:LDBKY) Receives Average Rating of “Hold” from Analysts
Shares of Ladbrokes PLC (OTCMKTS:LDBKY) have been assigned an average rating of “Hold” from the ten research firms that are currently covering the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company.
LDBKY has been the topic of a number of research reports. Citigroup Inc. upgraded Ladbrokes PLC from a “neutral” rating to a “buy” rating in a report on Friday, August 12th. Berenberg Bank initiated coverage on Ladbrokes PLC in a report on Friday, July 22nd. They issued a “hold” rating on the stock.
Ladbrokes PLC (OTCMKTS:LDBKY) remained flat at $1.75 during mid-day trading on Friday. Ladbrokes PLC has a 12 month low of $1.45 and a 12 month high of $2.11. The firm has a market capitalization of $1.78 billion, a P/E ratio of 20.59 and a beta of 1.32. The stock’s 50-day moving average is $1.89 and its 200 day moving average is $1.74.
Ladbrokes PLC Company Profile
Ladbrokes plc is engaged in the betting and gaming industry. The Company’s segments include UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers. The UK Retail segment consists of betting activities in the shop estate in Great Britain. It 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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