Ladbrokes Coral Group PLC (LAD) Receives “Buy” Rating from Shore Capital
A number of other analysts have also commented on LAD. Peel Hunt reiterated a buy rating and issued a GBX 200 ($2.59) price target on shares of Ladbrokes Coral Group PLC in a research note on Thursday. Numis Securities Ltd reiterated a hold rating and issued a GBX 138 ($1.78) price target on shares of Ladbrokes Coral Group PLC in a research note on Thursday. Barclays PLC reiterated an overweight rating and issued a GBX 155 ($2.00) price target on shares of Ladbrokes Coral Group PLC in a research note on Friday, June 9th. Berenberg Bank reiterated a buy rating and issued a GBX 160 ($2.07) price target on shares of Ladbrokes Coral Group PLC in a research note on Monday, May 8th. Finally, J P Morgan Chase & Co began coverage on shares of Ladbrokes Coral Group PLC in a research note on Wednesday, June 21st. They issued an overweight rating and a GBX 133 ($1.72) price target for the company. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 155.75 ($2.01).
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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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