Ladbrokes’ (LDCOY) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.
Ladbrokes (OTCMKTS:LDCOY)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a report issued on Friday.
Other equities analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Ladbrokes from a “hold” rating to a “buy” rating and set a $1.75 price objective on the stock in a research note on Saturday, September 23rd. Morgan Stanley reiterated an “equal weight” rating on shares of Ladbrokes in a research note on Monday, January 8th. Finally, Goldman Sachs Group downgraded shares of Ladbrokes from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 12th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Ladbrokes presently has an average rating of “Hold” and an average target price of $1.75.
Ladbrokes (LDCOY) opened at $2.63 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.36 and a current ratio of 0.36. Ladbrokes has a one year low of $1.39 and a one year high of $2.65.
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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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