Ladbrokes’s “Buy” Rating Reaffirmed at Deutsche Bank (LAD)
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of Ladbrokes from $2.21 to $2.70 in a research note to investors on Friday. They now have an “underperform” rating on the stock. Separately, analysts at Goldman Sachs reiterated a “sell/neutral” rating on shares of Ladbrokes in a research note to investors on Wednesday, February 27th. They now have a $2.99 price target on the stock. Finally, analysts at Nomura raised their price target on shares of Ladbrokes from $2.27 to $3.08 in a research note to investors on Tuesday, February 26th. They now have a “neutral” rating on the stock.
Shares of Ladbrokes opened at 232.388 on Monday. Ladbrokes has a 52 week low of GBX 147.90 and a 52 week high of GBX 233.70. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £2.111 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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