What’s Sportech plc Upside After Today’s Huge Increase?

 What's Sportech plc Upside After Today's Huge Increase?

The stock of Sportech plc (LON:SPO) is a huge mover today! The stock increased 6.13% or GBX 4 on November 4, hitting GBX 69.25. About 621,904 shares traded hands or 1354.71% up from the average. Sportech plc (LON:SPO) has risen 2.44% since April 7, 2016 and is uptrending. It has outperformed by 1.35% the S&P500.
The move comes after 7 months positive chart setup for the GBX 142.82M company. It was reported on Nov, 4 by Barchart.com. We have GBX 162.05 PT which if reached, will make LON:SPO worth GBX 191.38 million more.

Sportech plc (LON:SPO) Ratings Coverage

Out of 2 analysts covering Sportech PLC (LON:SPO), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Sportech PLC has been the topic of 10 analyst reports since November 10, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Peel Hunt given on Monday, June 6. The stock has “Buy” rating given by Peel Hunt on Wednesday, December 23. Peel Hunt maintained it with “Buy” rating and GBX 79 target price in Tuesday, November 10 report. The company was maintained on Tuesday, November 10 by Investec. Peel Hunt maintained it with “Buy” rating and GBX 80 target price in Tuesday, November 1 report. As per Thursday, March 3, the company rating was maintained by Peel Hunt. The stock of Sportech plc (LON:SPO) has “Buy” rating given on Monday, January 11 by Peel Hunt. Investec maintained Sportech plc (LON:SPO) on Wednesday, August 24 with “Buy” rating. On Tuesday, December 8 the stock rating was maintained by Peel Hunt with “Buy”. Peel Hunt maintained it with “Buy” rating and GBX 79 target price in Wednesday, August 24 report.

More news for Sportech plc (LON:SPO) were recently published by: Prnewswire.com, which released: “Sportech PLC announces Acquisition of eBet, a Leading Provider of Internet and …” on December 20, 2012. Prnewswire.com‘s article titled: “Sportech PLC Agrees Contract to Supply Horse Race Betting Technology for Penn …” and published on July 24, 2013 is yet another important article.

Sportech PLC is a United Kingdom-based pool betting operator and technology supplier. The company has a market cap of 142.82 million GBP. The principal activities of the Company are pools betting, both business-to-business and business-to-consumer (B2C), and supply of wagering technology solutions. It has a 32.45 P/E ratio. The Company’s divisions include Football Pools, Sportech Racing and Digital, Sportech Venues and Corporate costs.

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