Ladbrokes Rating Reiterated by Daniel Stewart & Co (LAD)
Ladbrokes (LON: LAD)‘s stock had its “hold” rating restated by analysts at Daniel Stewart & Co in a research report issued to clients and investors on Monday. They currently have a $3.36 (225 GBX) price target on the stock.
A number of other firms have also recently commented on LAD. 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. Separately, 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. Finally, analysts at UBS AG downgraded shares of Ladbrokes from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, March 6th. They now have a $3.61 price target on the stock, up previously from $3.31.
Shares of Ladbrokes opened at 240.889 on Monday. Ladbrokes has a 52 week low of GBX 150.20 and a 52 week high of GBX 236.40. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £2.188 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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