Ladbrokes (LDCOY) Earns Equal Weight Rating from Morgan Stanley
Several other brokerages also recently weighed in on LDCOY. Goldman Sachs Group downgraded shares of Ladbrokes from a buy rating to a neutral rating in a report on Tuesday, December 12th. Zacks Investment Research cut shares of Ladbrokes from a buy rating to a hold rating in a research report on Monday, October 2nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $1.75.
Shares of Ladbrokes (OTCMKTS LDCOY) traded down $0.17 during trading hours on Monday, reaching $2.48. 2,077 shares of the company’s stock traded hands, compared to its average volume of 2,705. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.66. Ladbrokes has a twelve month low of $1.39 and a twelve month high of $2.65.
Ladbrokes 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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