Ladbrokes Coral Group’s (LCL) Buy Rating Reiterated at Shore Capital

Ladbrokes Coral Group (LON:LCL)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a report issued on Thursday.

Other analysts have also issued research reports about the stock. Barclays reiterated an “overweight” rating and set a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a research report on Tuesday, September 5th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Ladbrokes Coral Group in a research report on Friday, September 1st. Canaccord Genuity reiterated a “buy” rating and set a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a research report on Friday, October 20th. Morgan Stanley reiterated an “overweight” rating and set a GBX 210 ($2.83) price target on shares of Ladbrokes Coral Group in a research report on Tuesday, September 5th. Finally, reiterated a “buy” rating and set a GBX 160 ($2.15) price target on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 157.18 ($2.12).

Shares of Ladbrokes Coral Group (LCL) opened at GBX 171 ($2.30) on Thursday. Ladbrokes Coral Group has a 52-week low of GBX 110.30 ($1.48) and a 52-week high of GBX 139.80 ($1.88).

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About Ladbrokes Coral Group

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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