Ladbrokes Coral Group PLC (LON:LCL) had its price target lowered by Berenberg Bank from GBX 160 ($2.12) to GBX 155 ($2.06) in a research note published on Wednesday. Berenberg Bank currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on the company. Morgan Stanley reissued an overweight rating and issued a GBX 210 ($2.79) price objective on shares of Ladbrokes Coral Group PLC in a research note on Monday, October 2nd. Barclays PLC reissued an overweight rating and issued a GBX 165 ($2.19) price objective on shares of Ladbrokes Coral Group PLC in a research note on Tuesday, September 5th. 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 ($2.65) price objective on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 138 ($1.83) price objective on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and thirteen have assigned a buy rating to the company. Ladbrokes Coral Group PLC has a consensus rating of Buy and an average price target of GBX 159.80 ($2.12).

Shares of Ladbrokes Coral Group PLC (LCL) opened at 123.90 on Wednesday. The firm’s market cap is GBX 2.37 billion. The firm has a 50-day moving average of GBX 120.03 and a 200 day moving average of GBX 121.98. Ladbrokes Coral Group PLC has a 12 month low of GBX 110.30 and a 12 month high of GBX 142.90.

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The company also recently disclosed a dividend, which will be paid on Thursday, November 9th. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, September 21st.

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.

Analyst Recommendations for Ladbrokes Coral Group PLC (LON:LCL)

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