Peel Hunt Reaffirms Buy Rating for Ladbrokes Coral Group PLC (LCL)
Peel Hunt restated their buy rating on shares of Ladbrokes Coral Group PLC (LON:LCL) in a research report sent to investors on Monday, StockTargetPrices.com reports. Peel Hunt currently has a GBX 200 ($2.63) price objective on the stock.
A number of other equities analysts also recently weighed in on LCL. Shore Capital reissued a buy rating on shares of Ladbrokes Coral Group PLC in a research note on Monday. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and issued a GBX 177 ($2.33) price target on shares of Ladbrokes Coral Group PLC in a research note on Wednesday, August 23rd. Berenberg Bank decreased their price target on shares of Ladbrokes Coral Group PLC from GBX 160 ($2.10) to GBX 155 ($2.04) and set a buy rating for the company in a research note on Wednesday, October 4th. Morgan Stanley reaffirmed an overweight rating and issued a GBX 210 ($2.76) price target on shares of Ladbrokes Coral Group PLC in a research note on Monday, October 2nd. Finally, Barclays PLC lifted their price target on shares of Ladbrokes Coral Group PLC from GBX 155 ($2.04) to GBX 165 ($2.17) and gave the company an overweight rating in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, one has given a hold rating and sixteen have issued a buy rating to the company. Ladbrokes Coral Group PLC presently has a consensus rating of Buy and an average price target of GBX 159.82 ($2.10).
Ladbrokes Coral Group PLC (LCL) opened at GBX 134.80 ($1.77) on Monday. Ladbrokes Coral Group PLC has a 52 week low of GBX 110.30 ($1.45) and a 52 week high of GBX 139.30 ($1.83).
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The company also recently declared a dividend, which was paid on Thursday, November 9th. Investors of record on Thursday, September 21st were issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.69%. The ex-dividend date was Thursday, September 21st.
About Ladbrokes Coral Group PLC
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.
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