Barclays Capital Gives Equalweight Rating to Ladbrokes (LAD)
Ladbrokes (LON: LAD)‘s stock had its “equalweight” rating reaffirmed by Barclays Capital in a research note issued on Friday.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Ladbrokes in a research note to investors on Thursday. They now have a $2.42 price target on the stock. Separately, analysts at JPMorgan Chase downgraded shares of Ladbrokes to an “underweight” rating in a research note to investors on Thursday, September 27th. They now have a $2.58 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Ladbrokes in a research note to investors on Tuesday, August 28th. They now have a $2.67 price target on the stock.
Shares of Ladbrokes opened at 181.90 on Friday. Ladbrokes has a 52 week low of GBX 120.00 and a 52 week high of GBX 187.40. The company’s market cap is £1.652 billion.
Ladbrokes plc is engaged in betting and gaming. The Company operates in five segments: UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers.
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