In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on Sportradar Group AG (SRAD – Research Report). The company’s shares opened today at $9.32.
Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Rush Street Interactive, Lithia Motors, and Inspired Entertainment. According to TipRanks, Sigdahl has an average return of 16.7% and a 46.31% success rate on recommended stocks.
Sportradar Group AG has an analyst consensus of Moderate Buy, with a price target consensus of $14.36.
SRAD market cap is currently $2.78B and has a P/E ratio of 74.74.
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Sportradar Group AG (SRAD) Company Description:
Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the global sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing.
Read More on SRAD:
- Sportradar Appoints Behshad Behzadi as Company’s Chief Technology Officer and Chief Artificial Intelligence Officer
- Bet On It: Disney and ESPN CTO switches over to Penn
- Sportradar Welcomes New CFO Craig Felenstein
- Nevada reports March statewide gaming win down 1.65% to $1.29B
- Sportradar to Release First Quarter Financial Results on May 15, 2024
