Ladbrokes Coral Group PLC (LON:LCL) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 182.90 ($2.46) and last traded at GBX 175.10 ($2.36), with a volume of 89873988 shares trading hands. The stock had previously closed at GBX 135.45 ($1.82).
Several equities research analysts recently commented on the company. Shore Capital restated a “buy” rating on shares of Ladbrokes Coral Group in a research report on Thursday. Barclays reiterated an “overweight” rating on shares of Ladbrokes Coral Group in a report on Thursday, November 30th. Morgan Stanley cut their price target on Ladbrokes Coral Group from GBX 210 ($2.83) to GBX 165 ($2.22) and set an “overweight” rating on the stock in a report on Tuesday, November 28th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 165 ($2.22) price target on shares of Ladbrokes Coral Group in a report on Monday, November 20th. Finally, reiterated a “buy” rating and issued a GBX 160 ($2.15) price target on shares of Ladbrokes Coral Group in a report on Monday, November 13th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have issued a buy rating to the company. Ladbrokes Coral Group presently has an average rating of “Buy” and an average target price of GBX 157.18 ($2.12).
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Ladbrokes Coral Group 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.
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