Ladbrokes Coral Group PLC (LCL) Receives Average Rating of “Buy” from Analysts
Shares of Ladbrokes Coral Group PLC (LON:LCL) have received an average recommendation of “Buy” from the nineteen research firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and sixteen have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 160.27 ($2.16).
Several analysts recently commented on the stock. Shore Capital restated a “buy” rating on shares of Ladbrokes Coral Group in a research report on Thursday. Peel Hunt raised their price target on shares of Ladbrokes Coral Group from GBX 200 ($2.69) to GBX 230 ($3.10) and gave the company a “buy” rating in a research report on Friday. Barclays restated an “overweight” rating and set a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a research report on Tuesday, September 5th. J P Morgan Chase & Co restated an “overweight” rating on shares of Ladbrokes Coral Group in a research report on Friday, September 1st. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a research report on Friday, October 20th.
Shares of Ladbrokes Coral Group (LON:LCL) opened at GBX 170.12 ($2.29) on Friday. Ladbrokes Coral Group has a 52-week low of GBX 110.30 ($1.48) and a 52-week high of GBX 139.80 ($1.88).
Ladbrokes Coral Group 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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