Ladbrokes Coral Group PLC (NASDAQ:LDCOY) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Ladbrokes Coral Group PLC (NASDAQ:LDCOY) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a twelve-month consensus price objective of $1.72 for the company, according to Zacks. Zacks has also given Ladbrokes Coral Group PLC an industry rank of 118 out of 265 based on the ratings given to its competitors.
Several research firms recently weighed in on LDCOY. Zacks Investment Research raised shares of Ladbrokes Coral Group PLC from a “hold” rating to a “buy” rating and set a $1.75 price objective for the company in a research report on Friday, July 7th. J P Morgan Chase & Co began coverage on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, June 21st. They set an “overweight” rating for the company. Finally, Davy Research raised shares of Ladbrokes Coral Group PLC from a “neutral” rating to an “outperform” rating in a research report on Tuesday, April 18th.
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Shares of Ladbrokes Coral Group PLC (LDCOY) traded down 0.71% during midday trading on Wednesday, hitting $1.39. 1,000 shares of the company were exchanged. The company has a 50-day moving average of $1.54 and a 200 day moving average of $1.52. The company’s market capitalization is $2.66 billion. Ladbrokes Coral Group PLC has a one year low of $1.39 and a one year high of $2.11.
About Ladbrokes Coral Group PLC
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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