Here’s What Analysts Think About Sportradar Group AG (SRAD)

Group 1 - Sportradar Group AG (NASDAQ:SRAD) is considered a strong buy growth stock by hedge funds, with Wells Fargo adjusting its price target to $26 from $30 while maintaining an Overweight rating [1] - Truist Financial reiterated a Buy rating on Sportradar Group AG and set a price target of $20.35, while Citizens reduced its price target to $34 from $36 but kept an Outperform rating [2] - The past two years have shown volatility in the sector due to competition, regulation, and game outcomes, yet current valuations are seen as overly punitive, with potential for upside if companies meet or exceed quarterly estimates [3] Group 2 - Sportradar Group AG provides sports betting and entertainment products and services, including Betting Technology & Solutions and Sports Content, Technology & Services [4]