Ladbrokes Coral Group PLC (LCL) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Ladbrokes Coral Group PLC (LON:LCL) have been given an average recommendation of “Buy” by the sixteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. 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 average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 159.60 ($2.08).

LCL has been the subject of several analyst reports. J P Morgan Chase & Co initiated 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 for the company. Peel Hunt restated a “buy” rating and issued a GBX 200 ($2.60) target price on shares of Ladbrokes Coral Group PLC in a research report on Thursday, May 4th. Canaccord Genuity restated 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. Barclays PLC restated 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. Finally, Shore Capital restated a “buy” rating on shares of Ladbrokes Coral Group PLC in a research report on Thursday, May 4th.

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Ladbrokes Coral Group PLC (LCL) traded down 1.08% during mid-day trading on Friday, reaching GBX 118.80. 8,155,489 shares of the company were exchanged. Ladbrokes Coral Group PLC has a 12-month low of GBX 110.30 and a 12-month high of GBX 164.80. The stock’s market capitalization is GBX 2.27 billion. The company’s 50 day moving average price is GBX 118.44 and its 200-day moving average price is GBX 122.99.

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.

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

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