Ladbrokes Coral Group PLC’s (LAD) “Buy” Rating Reiterated at Peel Hunt

Ladbrokes Coral Group PLC (LON:LAD)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research report issued on Thursday, August 31st, StockTargetPrices.com reports. They presently have a GBX 200 ($2.58) target price on the casino operator’s stock. Peel Hunt’s price target indicates a potential upside of 50.05% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the company. J P Morgan Chase & Co started coverage on Ladbrokes Coral Group PLC in a research note on Wednesday, June 21st. They issued an “overweight” rating and a GBX 133 ($1.72) target price for the company. Barclays PLC reissued an “overweight” rating and issued a GBX 155 ($2.00) target price on shares of Ladbrokes Coral Group PLC in a research note on Monday, July 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 160 ($2.07) target price on shares of Ladbrokes Coral Group PLC in a research note on Monday, May 15th. Shore Capital reissued a “buy” rating on shares of Ladbrokes Coral Group PLC in a research note on Thursday, July 27th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 138 ($1.78) target price on shares of Ladbrokes Coral Group PLC in a research note on Thursday, August 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 156.47 ($2.02).

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

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