Ladbrokes Coral Group (LON:LCL) had its price target hoisted by Barclays from GBX 165 ($2.21) to GBX 191 ($2.55) in a research note issued to investors on Friday, December 8th. Barclays currently has an overweight rating on the stock.
Several other analysts also recently issued reports on the company. Citigroup raised their price target on Ladbrokes Coral Group from GBX 165 ($2.21) to GBX 200 ($2.67) and gave the stock a buy rating in a report on Friday, December 8th. Peel Hunt raised their price target on Ladbrokes Coral Group from GBX 200 ($2.67) to GBX 230 ($3.08) and gave the stock a buy rating in a report on Friday, December 8th. Shore Capital restated a buy rating on shares of Ladbrokes Coral Group in a research report on Thursday, December 7th. Morgan Stanley lowered their target price on Ladbrokes Coral Group from GBX 210 ($2.81) to GBX 165 ($2.21) and set an overweight rating on the stock in a research report on Tuesday, November 28th. Finally, Canaccord Genuity restated a buy rating and issued a GBX 165 ($2.21) target price on shares of Ladbrokes Coral Group in a research report on Monday, November 20th. Two analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company. The company currently has an average rating of Buy and an average target price of GBX 162.29 ($2.17).
Shares of Ladbrokes Coral Group (LON LCL) traded down GBX 0.05 ($0.00) during midday trading on Friday, hitting GBX 181.85 ($2.43). The company had a trading volume of 11,320,561 shares, compared to its average volume of 13,070,000. The company has a market cap of $3,440.00 and a P/E ratio of -1,136.56. Ladbrokes Coral Group has a 1-year low of GBX 110.30 ($1.47) and a 1-year high of GBX 182.90 ($2.45).
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Ladbrokes Coral Group 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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