Ladbrokes’ (LDCOY) “Equal Weight” Rating Reiterated at Morgan Stanley

Morgan Stanley reiterated their equal weight rating on shares of Ladbrokes (OTCMKTS:LDCOY) in a report released on Monday morning.

LDCOY has been the subject of several other reports. Zacks Investment Research downgraded Ladbrokes from a buy rating to a hold rating in a report on Monday, October 2nd. Goldman Sachs Group downgraded Ladbrokes from a buy rating to a neutral rating in a report on Tuesday, December 12th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Ladbrokes currently has a consensus rating of Buy and a consensus target price of $1.75.

Ladbrokes (OTCMKTS LDCOY) traded up $0.04 during mid-day trading on Monday, hitting $2.52. The stock had a trading volume of 5,562 shares, compared to its average volume of 2,774. Ladbrokes has a 1-year low of $1.39 and a 1-year high of $2.65. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.36 and a quick ratio of 0.36.

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Ladbrokes Company Profile

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 (OTCMKTS:LDCOY)

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