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Ladbrokes PLC (ADR) (LDBKY) [hlAlert]

Rating:
Underperform
LDBKY

Ladbrokes PLC (ADR) (LDBKY) rated Underperform by Jefferies

Posted on: Thursday,  Aug 13, 2015  10:25 AM ET by Jefferies

Ladbrokes PLC (ADR)
(OTCBB: LDBKY) rated Underperform by Jefferies.

Ladbrokes plc is a betting and gaming company. The Company operates in five segments. The United Kingdom Retail segment comprises betting activities in the shop estate in Great Britain. The Other European Retail segment comprises all activities connected with the Ireland, Belgium and Italy shop estates. The eGaming segment comprises betting and gaming activities from online operations. The Telephone Betting segment comprises activities relating to bets taken on the telephone. The Other segment comprises international development operations and the start up of its Spanish joint venture. As of December 31, 2008, Ladbrokes plc had approximately 8,800 betting shops in Great Britain. On 4 February 2008, the Company acquired 100% of Agenzie Scommesse SRL, a betting company in Italy. Ladbrokes.com is a primary betting and gaming Websites with over 725,000 active customers betting in 13 languages and 18 currencies.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2015 10:25 AM Sell
None
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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