Peel Hunt Cuts Sportech (SPO) Price Target to GBX 40

Sportech (LON:SPO) had its target price lowered by Peel Hunt from GBX 53 ($0.69) to GBX 40 ($0.52) in a research report sent to investors on Thursday morning. Peel Hunt currently has a hold rating on the stock.

Shares of LON:SPO opened at GBX 38.50 ($0.50) on Thursday. Sportech has a 1 year low of GBX 31.50 ($0.41) and a 1 year high of GBX 87 ($1.14). The company has a market cap of $72.67 million and a PE ratio of -3.24.

About Sportech

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, and racetracks in the United Kingdom, North America, South America, Europe, and internationally. It operates thorough Sportech Racing and Digital, Sportech Venues, and Corporate Costs segments.

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