Natixis Reiterates Reduce on Ladbrokes (LAD)
Ladbrokes (LON: LAD)‘s stock had its “reduce” rating restated by analysts at Natixis in a research report issued to clients and investors on Monday. They currently have a $2.54 (160 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity upgraded shares of Ladbrokes to a “buy” rating in a research note to investors on Friday, November 30th. They now have a $3.61 price target on the stock. 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.
Shares of Ladbrokes opened at 198.30 on Monday. Ladbrokes has a 52 week low of GBX 137.50 and a 52 week high of GBX 204.40. The stock’s 50-day moving average is currently GBX 177.3. The company’s market cap is £1.801 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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