Ladbrokes Given New $3.27 Price Target at Panmure Gordon (LAD)
Shares of Ladbrokes traded down 1.28% during mid-day trading on Monday, hitting GBX 240.00. Ladbrokes has a one year low of GBX 150.20 and a one year high of GBX 243.90. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £2.180 billion.
A number of other analysts have also recently weighed in on LAD. Analysts at Daniel Stewart & Co reiterated a hold rating on shares of Ladbrokes in a research note to investors on Monday. They now have a $3.36 price target on the stock. Separately, analysts at Investec Securities reiterated a buy rating on shares of Ladbrokes in a research note to investors on Monday. They now have a $3.73 price target on the stock. Finally, analysts at Bank of America raised their price target on shares of Ladbrokes from $3.51 to $3.88 in a research note to investors on Monday. They now have a buy rating 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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