Ladbrokes Coral Group PLC (LAD) Stock Rating Reaffirmed by Deutsche Bank AG

Ladbrokes Coral Group PLC (LON:LAD)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank AG in a note issued to investors on Wednesday. They presently have a GBX 170 ($2.24) price target on the casino operator’s stock. Deutsche Bank AG’s price objective indicates a potential upside of 27.54% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Barclays PLC reiterated an “overweight” rating and issued a GBX 165 ($2.18) price objective on shares of Ladbrokes Coral Group PLC in a report on Tuesday, September 5th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Ladbrokes Coral Group PLC in a report on Friday, September 1st. Canaccord Genuity reiterated a “buy” rating and issued a GBX 165 ($2.18) price objective on shares of Ladbrokes Coral Group PLC in a report on Friday, October 20th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 210 ($2.77) price objective on shares of Ladbrokes Coral Group PLC in a report on Tuesday, September 5th. Finally, Shore Capital restated a “buy” rating on shares of Ladbrokes Coral Group PLC in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company’s stock. Ladbrokes Coral Group PLC has a consensus rating of “Buy” and a consensus price target of GBX 158.50 ($2.09).

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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.

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