Ladbrokes Coral Group (LCL) Rating Reiterated by Barclays

Ladbrokes Coral Group (LON:LCL)‘s stock had its “overweight” rating reissued by research analysts at Barclays in a report issued on Thursday. They currently have a GBX 191 ($2.57) price objective on the stock. Barclays’ price target suggests a potential upside of 11.44% from the company’s current price.

Other analysts have also issued reports about the stock. Goldman Sachs Group reaffirmed a “buy” rating and set a GBX 177 ($2.38) price target on shares of Ladbrokes Coral Group in a research report on Wednesday, August 23rd. Peel Hunt reaffirmed a “buy” rating and set a GBX 200 ($2.69) price target on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 170 ($2.29) price target on shares of Ladbrokes Coral Group in a research report on Wednesday, November 1st. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a research report on Tuesday, October 31st. Finally, Berenberg Bank dropped their price target on shares of Ladbrokes Coral Group from GBX 160 ($2.15) to GBX 155 ($2.09) and set a “buy” rating on the stock in a research report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 162.29 ($2.18).

Shares of Ladbrokes Coral Group (LON LCL) traded up GBX 0.60 ($0.01) on Thursday, reaching GBX 171.40 ($2.31). 13,882,456 shares of the company traded hands, compared to its average volume of 13,110,000. Ladbrokes Coral Group has a fifty-two week low of GBX 110.30 ($1.48) and a fifty-two week high of GBX 182.90 ($2.46).

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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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