Sportradar Group (NASDAQ:SRAD – Get Rating) had its price objective trimmed by JPMorgan Chase & Co. from $15.00 to $14.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an overweight rating on the stock.
SRAD has been the subject of a number of other research reports. Needham & Company LLC decreased their target price on Sportradar Group from $17.00 to $15.00 and set a buy rating for the company in a report on Thursday. UBS Group raised their target price on Sportradar Group from $18.00 to $20.00 and gave the stock a neutral rating in a research report on Wednesday, November 30th. Deutsche Bank Aktiengesellschaft dropped their target price on Sportradar Group from $14.00 to $13.00 in a research report on Thursday. Jefferies Financial Group downgraded Sportradar Group from a buy rating to a hold rating and decreased their price objective for the stock from $18.00 to $10.00 in a research note on Monday, January 9th. Finally, Morgan Stanley began coverage on Sportradar Group in a research note on Monday, November 21st. They issued an equal weight rating and a $12.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $16.25.
Sportradar Group Stock Down 1.4 %
Shares of SRAD opened at $10.29 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.30 and a quick ratio of 2.06. Sportradar Group has a 1 year low of $7.10 and a 1 year high of $17.45. The stock has a 50 day simple moving average of $11.91 and a two-hundred day simple moving average of $10.58. The firm has a market cap of $11.42 billion, a P/E ratio of 205.84 and a beta of 1.99.
Hedge Funds Weigh In On Sportradar Group
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.
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