Investec Reaffirms “Buy” Rating for Sportech plc (SPO)
Sportech plc (LON:SPO)‘s stock had its “buy” rating reissued by stock analysts at Investec in a report issued on Thursday. They currently have a GBX 110 ($1.84) target price on the stock. Investec’s target price points to a potential upside of 29.41% from the stock’s previous close.
Sportech plc (LON:SPO) traded down 6.18% during mid-day trading on Thursday, hitting GBX 79.75. The stock had a trading volume of 99,676 shares. Sportech plc has a 52 week low of GBX 76.632 and a 52 week high of GBX 93.25. The stock has a 50-day moving average of GBX 87.76 and a 200-day moving average of GBX 86.83. The company’s market cap is £163.4 million.
Sportech PLC is a holding company. The Company, through its subsidiaries is engaged in football pools and associated games, e-gaming, the provision of pari-mutuel wagering services and systems and off-track betting venue management.
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