Ladbrokes Coral Group PLC (LCL) Stock Rating Reaffirmed by Peel Hunt
Ladbrokes Coral Group PLC (LON:LCL)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued to investors on Monday. They currently have a GBX 200 ($2.63) price target on the stock. Peel Hunt’s target price points to a potential upside of 50.60% from the company’s previous close.
A number of other analysts have also weighed in on the company. Barclays PLC restated an “overweight” rating and issued a GBX 165 ($2.17) target price on shares of Ladbrokes Coral Group PLC in a research note on Tuesday, September 5th. Morgan Stanley restated an “overweight” rating and issued a GBX 210 ($2.76) target price on shares of Ladbrokes Coral Group PLC in a research note on Tuesday, September 5th. J P Morgan Chase & Co restated an “overweight” rating on shares of Ladbrokes Coral Group PLC in a research note on Friday, September 1st. Deutsche Bank AG restated a “buy” rating and issued a GBX 170 ($2.24) target price on shares of Ladbrokes Coral Group PLC in a research note on Wednesday, November 1st. Finally, Shore Capital restated a “buy” rating 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 issued a hold rating and fourteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 159.80 ($2.10).
Shares of Ladbrokes Coral Group PLC (LON:LCL) opened at GBX 132.80 ($1.75) on Monday. Ladbrokes Coral Group PLC has a 12 month low of GBX 110.30 ($1.45) and a 12 month high of GBX 139.30 ($1.83).
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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.
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