Shares of Ladbrokes Coral Group PLC (LON:LCL) have been assigned a consensus recommendation of “Buy” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 162.07 ($2.09).

LCL has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 160 ($2.07) price objective on shares of Ladbrokes Coral Group PLC in a research note on Tuesday, September 5th. Peel Hunt reaffirmed a “buy” rating and set a GBX 200 ($2.58) price objective on shares of Ladbrokes Coral Group PLC in a research note on Thursday, July 27th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Ladbrokes Coral Group PLC in a research note on Friday, September 1st. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 210 ($2.71) price objective on shares of Ladbrokes Coral Group PLC in a research note on Tuesday, September 5th. Finally, Barclays PLC lifted their price objective on shares of Ladbrokes Coral Group PLC from GBX 155 ($2.00) to GBX 165 ($2.13) and gave the stock an “overweight” rating in a research note on Friday, July 28th.

Shares of Ladbrokes Coral Group PLC (LCL) opened at 119.80 on Friday. The stock has a 50 day moving average of GBX 120.80 and a 200-day moving average of GBX 122.23. Ladbrokes Coral Group PLC has a 52 week low of GBX 110.30 and a 52 week high of GBX 151.00. The stock’s market cap is GBX 2.29 billion.

The firm also recently announced a dividend, which will be paid on Thursday, November 9th. Stockholders of record on Thursday, September 21st will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a dividend yield of 1.69%.

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Ladbrokes Coral Group PLC Company Profile

Ladbrokes Coral Group plc, formerly Ladbrokes plc, is engaged in the betting and gaming industry. The Company’s segments are UK Retail, European Retail and Digital. The UK Retail segment consists of betting activities in the shop estate in Great Britain. The Company is involved in traditional over-the-counter betting on football, horse and greyhound racing, as well as other sports and by machines.

Analyst Recommendations for Ladbrokes Coral Group PLC (LON:LCL)

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