Peel Hunt disclosed Ladbrokes PLC (LON:LAD), supporting its price target at 137.00GBX earlier today
- Updated: October 18, 2016
Having a price of 140.40GBX, Ladbrokes PLC (LON:LAD) traded 1.81% higher on the day. With the last stock price up 6.27% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LAD has recorded a 50-day average of 144.39GBX and a two hundred day average of 132.12GBX. Trade Volume was up over the average, with 7,471,787 shares of LAD changing hands over the typical 7,252,000
Reporting a potential downside of -0.02%, Peel Hunt hold steady the price target of Ladbrokes PLC (LON:LAD) at 137.00GBX
On 10/17/2016, Investec released a statement about Ladbrokes PLC (LON:LAD) maintained the target price at 178.00GBX that suggested an upside of 0.29%.
Recent Performance Chart
Ladbrokes PLC has price-earnings ratio of 21.27 with a one year low of 100.20GBX and a one year high of 164.80GBX and has a market capitalization of 0 GBX.
A total of 13 brokerages have released a report on Ladbrokes PLC. Four brokerages rating the company a strong buy, two equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 135.38GBX.
Brief Synopsis 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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