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Analysts Offer Insights on Technology Companies: Sportradar Group AG (SRAD) and Accenture (ACN)

Tipranks - Tipranks - Sat Mar 21, 7:50AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Sportradar Group AG (SRAD) and Accenture (ACN) with bullish sentiments.

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Sportradar Group AG (SRAD)

In a report released yesterday, Samuel Nielsen from J.P. Morgan maintained a Buy rating on Sportradar Group AG. The company’s shares closed last Thursday at $19.69.

According to TipRanks.com, Nielsen is ranked #8332 out of 12128 analysts.

Sportradar Group AG has an analyst consensus of Strong Buy, with a price target consensus of $27.79, which is a 53.5% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $22.00 price target.

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Accenture (ACN)

Truist Financial analyst Arvind Ramnani maintained a Buy rating on Accenture today. The company’s shares closed last Thursday at $203.55.

According to TipRanks.com, Ramnani is a 1-star analyst with an average return of -2.1% and a 46.4% success rate. Ramnani covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Palantir Technologies, and Epam Systems. ;'>

Currently, the analyst consensus on Accenture is a Strong Buy with an average price target of $262.40, which is a 40.3% upside from current levels. In a report issued on March 12, Stifel Nicolaus also maintained a Buy rating on the stock with a $315.00 price target.

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