Lottomatica Group SpA Stock Rating Upgraded by Credit Suisse (LTO)
Lottomatica Group SpA (BIT: LTO) was upgraded by investment analysts at Credit Suisse to an “outperform” rating in a note issued to investors on Tuesday. The firm currently has a $28.57 (€22) target price on the stock.
Shares of Lottomatica Group SpA traded up 5.16% during mid-day trading on Tuesday, hitting €17.1100. Lottomatica Group SpA has a 52 week low of €10.6600 and a 52 week high of €18.3500. The company has a market cap of €2.949 billion and a P/E ratio of 12.96.
LTO has been the subject of a number of other recent research reports. Analysts at Banca Akros reiterated an “accumulate” rating on shares of Lottomatica Group SpA in a research note to investors on Monday. They now have a $25.38 price target on the stock. Finally, analysts at Mediobanca SpA reiterated an “outperform” rating on shares of Lottomatica Group SpA in a research note to investors on Thursday, November 22nd. They now have a $24.49 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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