Peel Hunt Cuts Sportech (SPO) Price Target to GBX 53

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Sportech (LON:SPO) had its target price reduced by Peel Hunt from GBX 65 ($0.85) to GBX 53 ($0.69) in a report published on Wednesday morning. They currently have a hold rating on the stock.

SPO stock traded down GBX 0.30 ($0.00) during midday trading on Wednesday, hitting GBX 42.20 ($0.55). The company’s stock had a trading volume of 2,616 shares, compared to its average volume of 107,102. Sportech has a twelve month low of GBX 30 ($0.39) and a twelve month high of GBX 108.75 ($1.42).

Sportech Company Profile

Sportech PLC, a sports entertainment company, operates as a pool betting operator and technology supplier in the United Kingdom, North America, South America, Europe, and internationally. The company operates through three divisions: Racing and Digital, Venues, and The Football Pools. The Racing and Digital division provides pari-mutuel wagering services and systems, principally to the horseracing industry.

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