Canaccord Genuity Reaffirms Buy Rating on Ladbrokes (LAD)
Ladbrokes opened at 209.90 on Friday. Ladbrokes has a 1-year low of GBX 137.50 and a 1-year high of GBX 204.40. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £1.906 billion.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd upgraded shares of Ladbrokes to a “hold” rating in a research note to investors on Wednesday. Separately, analysts at Natixis reiterated a “reduce” rating on shares of Ladbrokes in a research note to investors on Monday. They now have a $2.54 price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of Ladbrokes in a research note to investors on Wednesday, November 7th. They now have a $3.20 price target on the stock.
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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