Shore Capital Reaffirms "Buy" Rating for Ladbrokes Coral Group PLC (LCL)

Betting Shops Face Fixed Odds Betting Terminals Overhaul

Deutsche Bank AG restated their buy rating on shares of Ladbrokes Coral Group PLC (LON:LAD) in a research note issued to investors on Wednesday, November 1st, StockTargetPrices.com reports. They presently have a GBX 170 ($2.16) target price on the casino operator's stock. Finally, Shore Capital reiterated a buy rating on shares of Ladbrokes Coral Group PLC in a research report on Thursday, August 31st.

A number of other brokerages have also issued reports on LAD. Canaccord Genuity reaffirmed a "buy" rating and set a GBX 165 ($2.17) price target on shares of Ladbrokes Coral Group PLC in a research report on Friday, October 20th.

Yesterday Ladbrokes Coral Group Plc (LON:LCL) traded 0.40% higher at 135.50GBX. The stock presently has a consensus rating of "Hold" and a consensus price target of GBX 141.89 ($1.80). Barclays PLC reiterated an "overweight" rating and issued a GBX 155 ($2.04) target price on shares of Ladbrokes Coral Group PLC in a research report on Monday, July 17th.

Ladbrokes Coral Group Plc's 50-day average is 122.51GBX and its two hundred day moving average is 121.61GBX.

Baxter International Inc. (BAX) Releases Q4 Earnings Guidance
The stock of Baxter International Inc (NYSE:BAX) earned "Equal-Weight" rating by Morgan Stanley on Thursday, October 26. Alexandria Cap Limited Liability Corporation holds 0% or 28 shares. 1,550 are held by Barrett Asset Mngmt Limited.

Ladbrokes and Gala Coral merged past year to create the company in its current form. The correct version of this news story can be read at https://www.dispatchtribunal.com/2017/11/13/ladbrokes-coral-group-plc-lcl-receives-buy-rating-from-peel-hunt.html. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of USA and worldwide copyright law.

Ladbrokes Coral and its fellow high street bookies are bracing themselves for the outcome of a Government review into controversial fixed-odds betting terminals, which generate much of their high street income.

Total group revenue was up three per cent, boosted by 12 per cent growth in digital and 17 per cent growth in European retail. The UK Retail segment consists of betting activities in the shop estate in Great Britain.

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