Ladbrokes share prices have risen dramatically in the past week, and today trade at 173p, up from 160p.
 

Exane BNP takes punt on Betting Sector

Looking into the reason for the jump confidence in the stock has been demonstrated by some recent Directors making purchases. A larger influencing factor has been the upgrading of four betting industry stocks by investment company Exane BNP.

Exane BNP has upgraded target prices for Ladbrokes, William Hill, Bwin.Party and Betfair.

Analysing the last months price graphs the monthly price changes show as follows:

  • Ladbrokes +11.88%
  • William Hill +8.79%
  • Bwin.Party -0.2%
  • Betfair – 7.75%

An interesting betting market the shares game!

 

Ladbrokes Share Graph

Ladbrokes Share Graph

I have been involved in the betting industry since the late 90’s and have in that time worked for a on course bookmaker (at now much missed Catford Dogs), spent time at a leading spread betting company, and worked for Betfair in their two year start-up phase.

In 2007 I co-founded iGaming supplier Hyperion Gaming with long suffering business partner Alex Lafferty.

Being involved in the industry for so long has given me a good understanding of the wonderful world of online gambling, and I put effort into giving honest opinions, that remain my own!

Chris Denny+

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