Ladbrokes Coral Group PLC (LAD) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Ladbrokes Coral Group PLC (LON:LAD) in a report published on Monday, May 8th, StockTargetPrices.com reports. They currently have a GBX 160 ($2.07) price objective on the casino operator’s stock.

Other equities research analysts have also issued research reports about the company. Shore Capital reiterated a buy rating on shares of Ladbrokes Coral Group PLC in a research note on Monday, January 9th. Goldman Sachs Group Inc restated a buy rating and set a GBX 175 ($2.26) price objective on shares of Ladbrokes Coral Group PLC in a research report on Tuesday, January 31st. Peel Hunt restated a buy rating and set a GBX 200 ($2.58) price objective on shares of Ladbrokes Coral Group PLC in a research report on Friday, January 13th. AlphaValue restated a buy rating and set a GBX 178 ($2.30) price objective on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, January 18th. Finally, Deutsche Bank AG restated a buy rating and set a GBX 170 ($2.19) price objective on shares of Ladbrokes Coral Group PLC in a research report on Thursday, March 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Ladbrokes Coral Group PLC presently has an average rating of Buy and a consensus target price of GBX 157.73 ($2.04).

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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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