Ladbrokes Coral Group (LCL) Receives “Overweight” Rating from Barclays

Ladbrokes Coral Group (LON:LCL)‘s stock had its “overweight” rating reissued by research analysts at Barclays in a research report issued to clients and investors on Wednesday. They presently have a GBX 191 ($2.59) price objective on the stock. Barclays’ price objective would indicate a potential upside of 4.89% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Canaccord Genuity reissued a “buy” rating and set a GBX 165 ($2.24) price objective on shares of Ladbrokes Coral Group in a research report on Monday, November 20th. reissued a “buy” rating and set a GBX 160 ($2.17) price objective on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. reissued a “buy” rating and set a GBX 160 ($2.17) price objective on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Investec reissued a “buy” rating and set a GBX 160 ($2.17) price objective on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Ladbrokes Coral Group in a research report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 164.35 ($2.23).

Ladbrokes Coral Group (LCL) opened at GBX 182.10 ($2.47) on Wednesday. The stock has a market cap of $3,510.00 and a price-to-earnings ratio of -1,138.13. Ladbrokes Coral Group has a 1 year low of GBX 110.30 ($1.50) and a 1 year high of GBX 190.15 ($2.58).

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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.

Analyst Recommendations for Ladbrokes Coral Group (LON:LCL)

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