Sportradar Group (NASDAQ:SRAD) Price Target Raised to $26.00 at JPMorgan Chase & Co.

Sportradar Group (NASDAQ:SRAD) had its price target increased by JPMorgan Chase & Co. from $20.00 to $26.00 in a research report report published on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

SRAD has been the topic of a number of other research reports. Guggenheim initiated coverage on Sportradar Group in a research note on Wednesday, February 26th. They issued a “buy” rating and a $27.00 price target on the stock. Citigroup increased their target price on Sportradar Group from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Benchmark boosted their target price on Sportradar Group from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group increased their price target on shares of Sportradar Group from $17.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Finally, Canaccord Genuity Group lifted their price objective on shares of Sportradar Group from $20.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Sportradar Group presently has an average rating of “Moderate Buy” and an average price target of $24.67.

Sportradar Group Trading Up 0.1 %

Shares of NASDAQ SRAD opened at $22.32 on Thursday. Sportradar Group has a fifty-two week low of $9.17 and a fifty-two week high of $23.00. The firm has a market capitalization of $24.81 billion, a P/E ratio of 111.61, a P/E/G ratio of 1.53 and a beta of 2.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.53 and a quick ratio of 1.53. The company’s 50 day simple moving average is $21.01 and its 200 day simple moving average is $16.95.

Institutional Trading of Sportradar Group

Large investors have recently bought and sold shares of the business. National Bank of Canada FI boosted its holdings in shares of Sportradar Group by 1,366.4% in the fourth quarter. National Bank of Canada FI now owns 1,569 shares of the company’s stock valued at $27,000 after buying an additional 1,462 shares during the period. SBI Securities Co. Ltd. acquired a new position in Sportradar Group in the 4th quarter worth $28,000. US Bancorp DE bought a new position in Sportradar Group during the 4th quarter worth about $39,000. Point72 Hong Kong Ltd acquired a new stake in shares of Sportradar Group in the 3rd quarter valued at about $41,000. Finally, Loomis Sayles & Co. L P bought a new stake in shares of Sportradar Group in the fourth quarter valued at about $43,000.

Sportradar Group Company Profile

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.