Ladbrokes Stock Rating Reaffirmed by Investec (LAD)
Ladbrokes (LON: LAD)‘s stock had its “buy” rating reaffirmed by Investec in a research note issued on Tuesday. They currently have a $3.88 (250 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “equal weight” rating on shares of Ladbrokes in a research note to investors on Monday. They now have a $3.26 price target on the stock.
Shares of Ladbrokes opened at 229.40 on Tuesday. Ladbrokes has a 52 week low of GBX 147.90 and a 52 week high of GBX 225.30. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £2.083 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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