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Ladbrokes PLC (LON:LAD) target price held steady at 178.00GBX, issued a research note today by Investec

Just yesterday Ladbrokes PLC (LON:LAD) traded -1.08% lower at 137.65GBX. Ladbrokes PLC’s 50-day moving average is 145.86GBX and its 200-day moving average is 131.99GBX. The last stock close price is up 4.25% relative to the two hundred day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trading volume was down over the average, with 663,995 shares of LAD changing hands under the typical 7,057,740

Investec hold steady the target of Ladbrokes PLC (LON:LAD) at 178.00GBX indicating a possible upside of 0.29%.

On Friday October 07, 2016, Liberum Capital released a statement on Ladbrokes PLC (LON:LAD) maintained the target price at 120.00GBX. At the time, this indicated a possible downside of -0.13%.

Recent Performance Chart

Ladbrokes PLC (LON:LAD)

Ladbrokes PLC has a 52 week low of 100.20GBX and a 52 week high of 164.80GBX with a P/E ratio of 20.85 Ladbrokes PLC’s market capitalization is presently 0 GBX.

A total of 13 equity analysts have released a ratings update on the company. 4 analysts rating the company a strong buy, two brokerages rating the company a buy, seven equity analysts rating the stock a hold, 1 broker rating the stock a underperform, and finally 2 brokerages rating the stock a sell with a average stock price target of 135.38GBX.

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, 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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