<div id="readability-page-1"><p><span>Sportradar Group (NASDAQ:SRAD - Get Free Report)</span> had its price objective decreased by stock analysts at Citizens Jmp  from $36.00 to $34.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a &#34;market outperform&#34; rating on the stock. Citizens Jmp's price target would indicate a potential upside of 43.51% from the company's current price.</p><div><p><span></span><span>Get <strong>Sportradar Group</strong> alerts:</span></p></div><ul><li>Sportradar Rides the Sports Betting Trend From Behind the Curtain</li></ul><p>Other research analysts also recently issued research reports about the stock. UBS Group decreased their target price on shares of Sportradar Group from $39.00 to $35.00 and set a &#34;buy&#34; rating for the company in a research report on Tuesday, December 9th. Weiss Ratings  reaffirmed a &#34;sell (d+)&#34; rating on shares of Sportradar Group in a research report on Monday, December 29th. Roth Capital started coverage on shares of Sportradar Group in a report on Friday, September 12th. They set a &#34;buy&#34; rating and a $40.00 target price on the stock. Wells Fargo &amp; Company assumed coverage on Sportradar Group in a research note on Tuesday, November 18th. They issued an &#34;overweight&#34; rating and a $30.00 price target for the company. Finally, Zacks Research lowered shares of Sportradar Group from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued  a Buy rating, three have given a Hold rating and one  has issued  a Sell rating to the company's stock. According to MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $31.68.</p><p><b>Read Our Latest Report on SRAD</b></p><h2>Sportradar Group Stock Performance</h2><ul><li>Genius Sports Scores an 18-Month High on NFL Deal</li></ul><p>Shares of NASDAQ SRAD traded up $0.37 during midday trading on Monday, hitting $23.69. The company's stock had a trading volume of 520,242 shares, compared to its average volume of 1,015,696. The firm has a market cap of $7.09 billion, a P/E ratio of 73.88 and a beta of 2.01. Sportradar Group has a 1-year low of $17.61 and a 1-year high of $32.22. The firm's fifty day moving average price is $23.17 and its 200-day moving average price is $26.78. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.36 and a current ratio of 1.36. </p><p>Sportradar Group (NASDAQ:SRAD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). The company had revenue of $342.71 million during the quarter, compared to analyst estimates of $295.04 million. Sportradar Group had a return on equity of 9.97% and a net margin of 7.84%.The business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 EPS.  On average, sell-side analysts forecast that  Sportradar Group will post 0.15 EPS for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>Is Sportradar Group A Growth Stock To Bet On In 2023?</li></ul><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Partners LLC increased its holdings in shares of  Sportradar Group by 2,137.8% in the 2nd quarter. ORG Partners LLC now owns 1,007 shares of the company's stock worth $28,000 after buying an additional 962 shares during the last quarter.  TD Private Client Wealth LLC boosted its holdings in  Sportradar Group by 3,058.0% in the second quarter. TD Private Client Wealth LLC now owns 1,579 shares of the company's stock valued at $44,000 after purchasing an additional 1,529 shares during the last quarter.  Tower Research Capital LLC TRC boosted its position in  Sportradar Group by 10,125.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company's stock worth $46,000 after purchasing an additional 1,620 shares in the last quarter.  Loomis Sayles &amp; Co. L P grew its position in shares of  Sportradar Group by 29.4% during the 2nd quarter. Loomis Sayles &amp; Co. L P now owns 3,524 shares of the company's stock valued at $99,000 after acquiring an additional 801 shares during the period.  Finally, Huntington National Bank raised its position in  Sportradar Group by 33.1% during the second quarter. Huntington National Bank now owns 3,946 shares of the company's stock worth $111,000 after acquiring an additional 982 shares during the period. </p><h2>Sportradar Group Company Profile</h2> (Get Free Report)<p>Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.  </p><p>Founded in 2001 and headquartered in St.</p><h2>Read More</h2><ul><li>Five stocks we like better than Sportradar Group</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>Do not delete, read immediately</li><li>The $100 Trillion AI Story No One Is Telling You</li><li>This stock gets a 94 out of 100</li><li>The Crash Has Already Started (Most Just Don’t See It Yet)</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1JBRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U1JBRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sportradar Group Right Now?</h2><p>Before you consider Sportradar Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sportradar Group wasn't on the list.</p><p>While Sportradar Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SRAD

<p>Citizens Jmp has lowered its price target for Sportradar Group (NASDAQ:SRAD) from $36.00 to $34.00, maintaining a "market outperform" rating. This new target suggests a potential upside of 43.51% from the current price. Other analysts have also adjusted their ratings, with UBS Group setting a target of $35.00 and Weiss Ratings reaffirming a "sell" rating. Sportradar's stock is currently trading at $23.69, with a market cap of $7.09 billion and a P/E ratio of 73.88. The company reported a revenue increase of 14.5% year-over-year in its latest earnings report.</p>

Sportradar Group (NASDAQ:SRAD) Given New $34.00 Price Target at Citizens Jmp