Ladbrokes Coral Group PLC (LCL) Receives “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Ladbrokes Coral Group PLC (LON:LCL) in a report published on Monday morning. Peel Hunt currently has a GBX 200 ($2.63) price target on the stock.

Several other research firms also recently commented on LCL. Barclays PLC reissued an overweight rating and issued a GBX 165 ($2.17) price objective on shares of Ladbrokes Coral Group PLC in a report on Tuesday, September 5th. Morgan Stanley reissued an overweight rating and issued a GBX 210 ($2.76) price objective on shares of Ladbrokes Coral Group PLC in a report on Tuesday, September 5th. J P Morgan Chase & Co reissued an overweight rating on shares of Ladbrokes Coral Group PLC in a report on Friday, September 1st. Deutsche Bank AG reissued a buy rating and issued a GBX 170 ($2.24) price objective on shares of Ladbrokes Coral Group PLC in a report on Wednesday, November 1st. Finally, Shore Capital reissued a buy rating on shares of Ladbrokes Coral Group PLC in a report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and fourteen have assigned a buy rating to the company. Ladbrokes Coral Group PLC presently has a consensus rating of Buy and an average price target of GBX 159.80 ($2.10).

Shares of Ladbrokes Coral Group PLC (LON LCL) traded down GBX 0.70 ($0.01) on Monday, hitting GBX 132.90 ($1.75). 5,757,064 shares of the stock traded hands, compared to its average volume of 9,300,000. Ladbrokes Coral Group PLC has a one year low of GBX 110.30 ($1.45) and a one year high of GBX 139.30 ($1.83).

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The company also recently disclosed a dividend, which was paid on Thursday, November 9th. Shareholders of record on Thursday, September 21st were given a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.69%. The ex-dividend date was Thursday, September 21st.

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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