Ladbrokes Coral Group PLC (LCL) Stock Rating Reaffirmed by Barclays PLC
Ladbrokes Coral Group PLC (LON:LCL)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays PLC in a report issued on Tuesday. They currently have a GBX 165 ($2.13) price target on the stock. Barclays PLC’s target price would indicate a potential upside of 39.48% from the stock’s current price.
A number of other equities analysts have also recently commented on the stock. J P Morgan Chase & Co reissued an “overweight” rating on shares of Ladbrokes Coral Group PLC in a research note on Friday, September 1st. Peel Hunt reissued a “buy” rating and issued a GBX 200 ($2.58) price objective on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Numis Securities Ltd reissued a “hold” rating and issued a GBX 138 ($1.78) price objective on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Shore Capital reissued a “buy” rating on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a GBX 177 ($2.29) price objective on shares of Ladbrokes Coral Group PLC in a research note on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 160.13 ($2.07).
Ladbrokes Coral Group PLC (LON LCL) opened at 119.10 on Tuesday. The stock’s 50 day moving average is GBX 120.39 and its 200-day moving average is GBX 122.34. The stock’s market capitalization is GBX 2.27 billion. Ladbrokes Coral Group PLC has a 52-week low of GBX 110.30 and a 52-week high of GBX 153.90.
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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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