Ladbrokes Coral Group PLC’s (LON:LCL) “Buy” Rating Reiterated at Shore Capital
A number of other brokerages have also weighed in on LCL. Peel Hunt restated a buy rating and issued a GBX 200 ($2.61) price objective on shares of Ladbrokes Coral Group PLC in a report on Thursday. J P Morgan Chase & Co started coverage on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, June 21st. They issued an overweight rating and a GBX 133 ($1.73) target price on the stock. Barclays PLC reaffirmed an overweight rating and issued a GBX 155 ($2.02) target price on shares of Ladbrokes Coral Group PLC in a research report on Friday, June 9th. Berenberg Bank reaffirmed a buy rating and issued a GBX 160 ($2.08) target price on shares of Ladbrokes Coral Group PLC in a research report on Monday, May 8th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 165 ($2.15) target price on shares of Ladbrokes Coral Group PLC in a research report on Thursday, May 4th. Two 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. The company presently has an average rating of Buy and an average target price of GBX 159.60 ($2.08).
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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