Shares of Sportradar Group AG (NASDAQ:SRAD – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $14.88.
A number of brokerages recently commented on SRAD. Jefferies Financial Group upgraded Sportradar Group from a “hold” rating to a “buy” rating and raised their target price for the company from $12.00 to $16.00 in a report on Wednesday, August 14th. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price objective on shares of Sportradar Group in a research note on Wednesday, August 14th. Benchmark upped their target price on shares of Sportradar Group from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday. JMP Securities raised shares of Sportradar Group from a “market perform” rating to an “outperform” rating and set a $16.00 price target for the company in a research report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. initiated coverage on Sportradar Group in a research report on Tuesday, June 18th. They set a “neutral” rating and a $12.00 price objective on the stock.
View Our Latest Research Report on SRAD
Institutional Inflows and Outflows
Sportradar Group Trading Up 2.4 %
SRAD opened at $12.17 on Friday. Sportradar Group has a 52 week low of $8.08 and a 52 week high of $12.97. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $11.68 and a 200-day simple moving average of $11.01. The firm has a market cap of $13.53 billion, a P/E ratio of 135.24, a P/E/G ratio of 15.39 and a beta of 2.06.
About Sportradar Group
Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name.
See Also
- Five stocks we like better than Sportradar Group
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- The How and Why of Investing in Gold Stocks
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Receive News & Ratings for Sportradar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportradar Group and related companies with MarketBeat.com's FREE daily email newsletter.