Ladbrokes Coral Group PLC (LCL) Receives Consensus Rating of “Buy” from Analysts

Shares of Ladbrokes Coral Group PLC (LON:LCL) have earned a consensus rating of “Buy” from the twelve ratings firms that are covering the stock. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 159.91 ($2.01).

LCL has been the topic of a number of research reports. Goldman Sachs Group Inc reaffirmed a “buy” rating and set a GBX 170 ($2.14) target price on shares of Ladbrokes Coral Group PLC in a research report on Monday, December 12th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 170 ($2.14) target price on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, December 28th. Peel Hunt reaffirmed a “buy” rating and set a GBX 200 ($2.51) target price on shares of Ladbrokes Coral Group PLC in a research report on Friday, January 13th. Barclays PLC initiated coverage on shares of Ladbrokes Coral Group PLC in a research report on Friday, January 13th. They set an “overweight” rating and a GBX 160 ($2.01) target price on the stock. Finally, Liberum Capital reaffirmed a “sell” rating and set a GBX 120 ($1.51) target price on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, January 18th.

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Ladbrokes Coral Group PLC (LON:LCL) opened at 132.60 on Tuesday. The firm’s 50-day moving average is GBX 0.00 and its 200 day moving average is GBX 0.00. Ladbrokes Coral Group PLC has a 1-year low of GBX 129.90 and a 1-year high of GBX 136.80. The firm’s market cap is GBX 1.35 billion.

About Ladbrokes Coral Group PLC

Ladbrokes Coral Group plc, formerly Ladbrokes plc, is engaged in the betting and gaming industry. The Company’s segments are UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers. 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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