Ladbrokes Coral Group PLC (LON:LCL) has earned a consensus rating of “Buy” from the sixteen research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 161.71 ($2.13).
Several equities research analysts recently commented on LCL shares. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 170 ($2.24) price objective on shares of Ladbrokes Coral Group PLC in a report on Wednesday. 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 Tuesday, October 31st. Berenberg Bank reduced their price objective on Ladbrokes Coral Group PLC from GBX 160 ($2.11) to GBX 155 ($2.05) and set a “buy” rating for the company in a report on Wednesday, October 4th. 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 Monday, October 2nd. Finally, 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.
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Ladbrokes Coral Group PLC (LCL) opened at GBX 134 ($1.77) on Friday.
The company also recently declared a dividend, which will be paid on Thursday, November 9th. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 1.69%.
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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