Ladbrokes Coral Group PLC’s (LCL) “Buy” Rating Reaffirmed at Deutsche Bank AG
Deutsche Bank AG reissued their buy rating on shares of Ladbrokes Coral Group PLC (LON:LCL) in a research note issued to investors on Wednesday morning. Deutsche Bank AG currently has a GBX 170 ($2.24) price target on the stock.
LCL has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) restated a buy rating and issued a GBX 177 ($2.34) target price on shares of Ladbrokes Coral Group PLC in a report on Wednesday, August 23rd. Canaccord Genuity restated a buy rating and issued a GBX 165 ($2.18) target price on shares of Ladbrokes Coral Group PLC in a report on Friday, October 20th. Berenberg Bank restated a buy rating and issued a GBX 160 ($2.11) target price on shares of Ladbrokes Coral Group PLC in a report on Tuesday, September 5th. Morgan Stanley restated an overweight rating and issued a GBX 210 ($2.77) target price on shares of Ladbrokes Coral Group PLC in a report on Monday, October 2nd. Finally, Barclays PLC raised their target price on Ladbrokes Coral Group PLC from GBX 155 ($2.05) to GBX 165 ($2.18) and gave the company an overweight rating in a report on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Ladbrokes Coral Group PLC has an average rating of Buy and an average target price of GBX 159.80 ($2.11).
Ladbrokes Coral Group PLC (LON LCL) opened at GBX 134 ($1.77) on Wednesday.
COPYRIGHT VIOLATION WARNING: “Ladbrokes Coral Group PLC’s (LCL) “Buy” Rating Reaffirmed at Deutsche Bank AG” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2017/11/05/ladbrokes-coral-group-plcs-lcl-buy-rating-reaffirmed-at-deutsche-bank-ag.html.
The firm also recently declared a dividend, which will be paid on Thursday, November 9th. Investors of record on Thursday, September 21st will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a yield of 1.69%.
Ladbrokes Coral Group PLC 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.
Receive News & Stock Ratings for Ladbrokes Coral Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ladbrokes Coral Group PLC and related stocks with our FREE daily email newsletter.