JPMorgan Chase & Co. Reiterates Neutral Rating for Ladbrokes (LDCOY)

JPMorgan Chase & Co. reiterated their neutral rating on shares of Ladbrokes (OTCMKTS:LDCOY) in a research report released on Friday morning.

LDCOY has been the subject of several other research reports. Morgan Stanley reiterated an equal weight rating on shares of Ladbrokes in a research report on Monday, January 8th. Zacks Investment Research downgraded Ladbrokes from a buy rating to a hold rating in a research report on Monday, October 2nd. Finally, Goldman Sachs Group downgraded Ladbrokes from a buy rating to a neutral rating in a research report on Tuesday, December 12th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $1.75.

Shares of Ladbrokes (OTCMKTS LDCOY) traded up $0.11 during mid-day trading on Friday, reaching $2.63. The company’s stock had a trading volume of 4,200 shares, compared to its average volume of 3,705. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.66. Ladbrokes has a 12-month low of $1.39 and a 12-month high of $2.65.

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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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