Form 6-K Sportradar Group AG For: Oct 05

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Go back to Form 6-K Sportradar Group AG For: Oct 05

Stifel Reiterates Buy Rating on Sportradar Group AG (SRAD) Amid 2% Drop

October 7, 2026 10:32 AM EDT

Stifel analyst Jeffery Stantial reiterated a Buy rating and $18.00 price target on Sportradar Group AG (NASDAQ: SRAD).

The analyst comments "Our take: While we were a bit confused at first blush, we are positive on the divestiture after digging in and view it thematically as opportunistic portfolio optimization at an accretive valuation. Recall, SRAD acquired Synergy Sports in 2021 for 205M all-in primarily to gain access to Synergy... More