Ladbrokes PLC (LON:LAD) target price held steady at 178.00GBX, issued a report today by Investec
- Updated: September 28, 2016
Yesterday Ladbrokes PLC (LON:LAD) traded -2.05% lower at 138.90GBX. The company’s 50-day moving average is 151.18GBX and its 200-day moving average is 130.53GBX. The last stock close price is up 6.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,338,440 shares of the stock were exchanged, down from an average trading volume of 6,429,080
Ladbrokes PLC (LON:LAD) had its target price hold steady to 178.00GBX by Investec in a report released 09/29/2016. The new target price indicates a possible upside of 0.28% based on the company's last stock close price.
Previously on Monday September 12, 2016, HSBC reported about Ladbrokes PLC (LON:LAD) raised the target price from 125.00GBX to 155.00GBX. At the time, this indicated a possible upside of 0.06%.
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Ladbrokes PLC has a 52 week low of 92.85GBX and a 52 week high of 164.80GBX with a P/E ratio of 21.05 The company’s market cap is currently 0 GBX.
In addition to Investec reporting its target price, a total of 13 firms have issued a report on the stock. The consensus target price is 135.38GBX with 4 firms rating the stock a strong buy, 2 firms rating the stock a buy, 7 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 2 firms rating the stock a sell.
General Information About Ladbrokes PLC (LON:LAD)
Ladbrokes plc is engaged in the betting and gaming industry. The Company's segments include UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers. The UK Retail segment consists of betting activities in the shop estate in Great Britain. It is involved in traditional over the counter betting on football, horse and greyhound racing as well as other sports and by machines. The European Retail segment includes all activities connected with the Ireland, Belgium and Spain shop estates. The Digital segment consists of betting and gaming activities from online and mobile operations, which includes ladbrokes.com, digital exchanges and Ladbrokes Australia. The Core Telephone Betting segment is involved in activities relating to bets taken on the telephone, excluding High Rollers. The High Rollers segment consists of activities primarily relating to bets taken on the telephone by High Rollers. It has operations in the United Kingdom, Ireland and Belgium.
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