Reiterates Buy Rating for Ladbrokes Coral Group PLC (LCL)

Ladbrokes Coral Group PLC (LON:LCL)‘s stock had its “buy” rating restated by research analysts at in a report released on Monday. They presently have a GBX 160 ($2.10) price objective on the stock. ‘s price objective indicates a potential upside of 20.57% from the company’s current price.

A number of other equities research analysts have also recently issued reports on LCL. Barclays PLC reissued an “overweight” rating and issued a GBX 155 ($2.04) price target on shares of Ladbrokes Coral Group PLC in a research note on Monday, July 17th. Investec reissued a “buy” rating and issued a GBX 160 ($2.10) price target on shares of Ladbrokes Coral Group PLC in a research note on Wednesday, July 26th. Peel Hunt reissued a “buy” rating and issued a GBX 200 ($2.63) price target on shares of Ladbrokes Coral Group PLC in a research note on Thursday, July 27th. Shore Capital reissued a “buy” rating on shares of Ladbrokes Coral Group PLC in a research note on Thursday, July 27th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 165 ($2.17) price target on shares of Ladbrokes Coral Group PLC in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 159.82 ($2.10).

Ladbrokes Coral Group PLC (LCL) opened at GBX 132.10 ($1.74) on Monday. Ladbrokes Coral Group PLC has a 1-year low of GBX 110.30 ($1.45) and a 1-year high of GBX 139.30 ($1.83).

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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.

Analyst Recommendations for Ladbrokes Coral Group PLC (LON:LCL)

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