Equita SIM SpA Gives hold Rating to Lottomatica Group SpA (LTO)
Lottomatica Group SpA (BIT: LTO)‘s stock had its “hold” rating reaffirmed by research analysts at Equita SIM SpA in a report released on Tuesday. They currently have a $17.70 (€14) target price on the stock.
Lottomatica Group SpA traded down 2.47% on Tuesday, hitting €16.9800. Lottomatica Group SpA has a 52-week low of €10.3200 and a 52-week high of €18.3500. The company has a market cap of €2.927 billion and a price-to-earnings ratio of 13.31.
Separately, analysts at Centrobanca upgraded shares of Lottomatica Group SpA to a “buy” rating in a research note to investors on Tuesday, October 9th. They now have a $20.30 price target on the stock.
Lottomatica Group SpA is an Italy-based company operating in the lottery and betting sectors. It is also a provider of lottery and gaming technology solutions, as well as commercial, payment and processing services.
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