Ladbrokes Coral Group PLC’s (LON:LAD) Buy Rating Reaffirmed at Peel Hunt
Peel Hunt restated their buy rating on shares of Ladbrokes Coral Group PLC (LON:LAD) in a report published on Thursday morning, StockTargetPrices.com reports. The firm currently has a GBX 200 ($2.61) price objective on the casino operator’s stock.
A number of other brokerages have also recently issued reports on LAD. Barclays PLC reissued an overweight rating and set a GBX 155 ($2.02) price objective on shares of Ladbrokes Coral Group PLC in a report on Monday, July 17th. Berenberg Bank reissued a buy rating and set a GBX 160 ($2.08) price objective on shares of Ladbrokes Coral Group PLC in a report on Monday, May 15th. J P Morgan Chase & Co initiated coverage on Ladbrokes Coral Group PLC in a report on Wednesday, June 21st. They set an overweight rating and a GBX 133 ($1.73) price objective for the company. Citigroup Inc. cut their price objective on Ladbrokes Coral Group PLC from GBX 170 ($2.21) to GBX 165 ($2.15) and set a buy rating for the company in a report on Thursday, March 30th. Finally, Davy Research raised Ladbrokes Coral Group PLC from a neutral rating to an outperform rating in a report on Tuesday, April 18th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. Ladbrokes Coral Group PLC currently has an average rating of Buy and a consensus target price of GBX 155.88 ($2.03).
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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