LAD.L Share News (LAD)

LAD.L Information

There is currently no data for LAD

Citigroup upgrades Ladbrokes, says shares have fallen far enough

Tue, 13th Oct 2015 14:01

(ShareCast News) - Citigroup upgraded Ladbrokes to 'neutral' from 'sell' and raised its price target to 110p from 100p, saying the shares have now fallen far enough.It said the new target price represents the mid-point between the upside potential it sees under a deal scenario and the downside risk under a no-deal scenario.Citi estimated the share price upside potential from a merger with Gala Coral at around 30% and the downside risk if no deal emerged also at around 30%."The competition authority investigation will rumble on for several more months, dampening any need to take a strong view in the shorter term," the analysts said.Citi added that the two key catalysts that could drive a more positive view were trading updates citing an online pick-up, with a rise in active customers and net gaming revenues, and CMA deal clearance arriving earlier than the bank's mid-2016 expectation.At 1407 BST, Ladbroke shares were down 0.8% at 105.10p.

More News

17 Mar 2016 16:17

Dividends Calendar - Week Ahead

16 Mar 2016 14:20

Ladbrokes, William Hill Up On Changes To Remote Gaming Duty Rules

16 Mar 2016 14:04

Shares in UK gambling groups rise as no new taxes unveiled in budget

LONDON, March 16 (Reuters) - Shares in British gambling companies such as Ladbrokes and William Hill rose on Wednesday, with traders citing relief that the British budget did not unveil any strict, new taxes on the sector. "No tax hikes, so positive for the sector," said Securequity sales

13 Mar 2016 15:18

Sunday newspaper round-up: Budget, Sainsbury's, Virgin Media, Reuters

(ShareCast News) - George Osborne look to grab as much as £20bn to fill shortfalls in his Budget this Wednesday, making deep cuts in public spending, an increased insurance premium tax and other new or increased duties and taxes, while also looking to cut taxes for North Sea oil producers. The Sunda

7 Mar 2016 20:40

Soccer-Leicester fan accepts 72,000 pounds offer on 5,000-1 bet

LONDON, March 7 (Reuters) - An anonymous gambler has pocketed 72,000 pounds ($102,715) after cashing in on a 50-pounds bet he wagered at the start of the season on Leicester City winning the Premier League at odds of 5,000-1. The Leicester fan decided to take the offer from a British bookma

4 Mar 2016 08:26

UBS downgrades William Hill amid increasing competition

(ShareCast News) - William Hill was under the cosh on Friday after UBS downgraded the stock to 'sell' from 'buy' and slashed the price target to 365p from 410p as it pointed to an increasingly competitive backdrop. "We believe that, with consolidation in the industry, and with a re-vamped Ladbrokes

3 Mar 2016 08:10

Ladbrokes Says Gala Coral Posts Net Revenue And Earnings Growth

3 Mar 2016 07:37

Thursday newspaper round-up: National Grid, Rolls-Royce, bookmakers

(ShareCast News) - The energy regulator Ofgem is to be handed sweeping new powers to manage the country's electricity supplies, switch off factories and request emergency back-up generation, under energy market reforms being considered by Whitehall. Documents seen by The Times show ministers are con

2 Mar 2016 16:46

UPDATE 1-Cruz gains in online betting, Trump still Republican favorite

(Adds Ladbrokes odds) March 2 (Reuters) - Ted Cruz's Super Tuesday victories in his home state of Texas and neighboring Oklahoma strengthened his odds for the Republican presidential nomination on online betting sites but he still trails far behind Donald Trump. On PredictIt.com, oper

2 Mar 2016 09:35

BROKER RATINGS SUMMARY: Goldman Cuts Pearson To Sell From Neutral

24 Feb 2016 17:33

UPDATE 1-Online bettors see Donald Trump as odds-on Republican nominee

(Adds data, recasts first paragraph, adds NEW YORK to dateline) NEW YORK/LONDON, Feb 24 (Reuters) - Donald Trump's chances of winning the Republican nomination for the White House shot to a record high at online betting sites around the world on Wednesday after his latest victory in voting

24 Feb 2016 17:20

CORRECTED-British bookmakers slash odds on Trump taking Republican nomination

(Corrects Rubio's first name in fourth paragraph to Marco from Mark) LONDON, Feb 24 (Reuters) - British bookmakers on Wednesday slashed the odds on businessman Donald Trump winning the Republican nomination to run for the U.S. presidency after his latest victory in the Nevada caucuses. <

23 Feb 2016 15:01

FTSE 250 movers: Meggitt keeps index flying in the black

(ShareCast News) - In contrast to its older sibling, the FTSE 250 was in the black on Tuesday afternoon, up 16.35 points (0.10%) to 16,305.15. Meggitt led the pack after it posted a small rise in 2015 pre-tax profit and lifted its dividend despite what it referred to as a challenging year. For the

23 Feb 2016 13:51

Tuesday broker round-up

(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr

23 Feb 2016 13:51

Latest Share Chat

LAD.L Share News (LAD)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Citigroup upgrades Ladbrokes, says shares have fallen far enough

Login to your account

Quickpicks are a member only feature

Login to your account