Sportech plc 26.2% potential upside indicated by Peel Hunt Limited

Sportech plc with ticker (LON:SPO) now has a potential upside of 26.2% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 50 GBX for the company, which when compared to the Sportech plc share price of 37 GBX at opening today (02/12/2021) indicates a potential upside of 26.2%. Trading has ranged between 25 (52 week low) and 42 (52 week high) with an average of 417,985 shares exchanging hands daily. The market capitalisation at the time of writing is £36,085,201.

Sportech PLC (Sportech) is a United Kingdom-based betting technology provider. Sportech provides technology and service solutions for gaming companies, sports teams, charitable foundations, casinos and lottery clients, and owns and operates sports gaming venues in Connecticut, United States. The Company’s segments include Sportech Lotteries, Sportech Venues and Corporate costs. The Sportech Lotteries segment provides lottery software and services worldwide. Sportech Venues is engaged in off-track betting venue management. Its key locations within the network offer food and beverage services in restaurant and sports bar environments. Sportech has approximately 11 venues in operation. The Company’s Corporate costs segment consists of central costs relating to the overall management.