Ladbrokes PLC (LDCOY) Receives Consensus Recommendation of “Buy” from Brokerages

Ladbrokes PLC (OTCMKTS:LDCOY) has been assigned an average recommendation of “Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several brokerages have recently issued reports on LDCOY. Goldman Sachs Group downgraded Ladbrokes from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 12th. Zacks Investment Research downgraded Ladbrokes from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.

Ladbrokes (LDCOY) opened at $2.65 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.66. Ladbrokes has a 52-week low of $1.39 and a 52-week high of $2.60.

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Ladbrokes 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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