On Nov 08, major Wall Street analysts update their ratings for $Sportradar Group AG (SRAD.US)$, with price targets ranging from $13 to $18.
Morgan Stanley analyst Stephen Grambling maintains with a hold rating, and maintains the target price at $13.
Jefferies analyst David Katz maintains with a buy rating, and adjusts the target price from $16 to $17.
Needham analyst Bernie McTernan maintains with a buy rating, and adjusts the target price from $16 to $18.
Craig-Hallum analyst Ryan Sigdahl maintains with a buy rating.
JMP Securities analyst Jordan Bender maintains with a buy rating, and adjusts the target price from $16 to $17.
Furthermore, according to the comprehensive report, the opinions of $Sportradar Group AG (SRAD.US)$'s main analysts recently are as follows:
The firm points to Sportradar's robust performance in the third quarter and highlights in-game betting in the U.S. as the forthcoming driver of online sports betting, which is anticipated to further bolster estimates.
Here are the latest investment ratings and price targets for $Sportradar Group AG (SRAD.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.