Ladbrokes PLC (LDCOY) Raised to Buy at ValuEngine
ValuEngine upgraded shares of Ladbrokes PLC (OTC:LDCOY) from a hold rating to a buy rating in a report released on Friday.
Several other analysts have also weighed in on LDCOY. J P Morgan Chase & Co started coverage on shares of Ladbrokes PLC in a research report on Wednesday, June 21st. They set an overweight rating on the stock. Bank of America Corporation reiterated a buy rating on shares of Ladbrokes PLC in a research report on Tuesday, July 25th.
Shares of Ladbrokes PLC (OTC LDCOY) opened at 1.50 on Friday. The firm’s market cap is $2.86 billion. Ladbrokes PLC has a 1-year low of $1.39 and a 1-year high of $1.98. The company’s 50-day moving average is $1.57 and its 200 day moving average is $1.55.
About Ladbrokes 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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