Ladbrokes (LON:LAD) “Add” Rating Has Been Maintained Today By AlphaValue; The Target Provided Is GBX 125


Ladbrokes (LON:LAD) Rating Reaffirmed

Research professionals at AlphaValue now has a GBX 125 target price on Ladbrokes (LON:LAD). AlphaValue and their recent target price would suggest a potential upside of 5.49% from the company’s closing share price. The rating has been unveiled in analysts report on 3 December.

From a total of 17 analysts covering Ladbrokes PLC (LON:LAD) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 8 a ”Hold”. This means that 35% of the ratings are positive. The highest target price is GBX 145 while the lowest target price is GBX 85. The mean of all analyst targets is GBX 113.76 with a -1.59% below today’s (GBX 117.47) stock price. Ladbrokes PLC was the topic of 57 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Shore Capital maintained shares on November 30 with “Hold” rating. Peel Hunt maintained shares with “Buy” rating and GBX 135 target share price in a report from a November 18. Investec reinitiated LAD stock in a recent report from November 25 with “Buy” rating. AlphaValue downgraded the rating on November 4. AlphaValue has a “Add” rating and a GBX 121 price target on shares. Finally, Credit Suisse maintained the stock with “Underperform” rating in a report issued on a November 24.

Approximately 2.11M shares of stock traded hands. Ladbrokes PLC (LON:LAD) has risen 10.48% since May 6, 2015 and is uptrending. It has outperformed by 10.77% the S&P500.

Ladbrokes (LON:LAD)

Ladbrokes plc is engaged in the betting and gaming industry. The company has a market cap of 1.20 billion GBP. The Firm has approximately 2,700 betting outlets in the United Kingdom, Ireland, Belgium and Spain. It currently has negative earnings. The Company’s divisions include UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers.

According to Zacks Investment Research, “Lithia Motors Inc. is a leading operator and retailer in the highly fragmented automotive industry. Lithia sells new and used cars and light trucks, sells replacement parts, provides vehicle maintenance, warranty, paint and repair services, and arranges related financing and insurance for its automotive customers. The company also exchanges vehicles with other dealers from time to time to accommodate customer demand and to balance inventory.” Get a free copy of the Zacks research report on Ladbrokes PLC (LAD).