2229 GMT - Catapult's contract with England's national and top-tier rugby teams shows the Australia-listed sport-tech provider delivering on its cross-sell strategy, Jefferies says in a note.

Analysts point out the deal represents the first major publicized contract for both Catapult's wearable and video products.

They also see Catapult's unseating of a long-term incumbent as a positive.

Catapult is scheduled to report its 1H result next week. Jefferies anticipates an 18% rise in revenue, a 19% rise in gross profit and free cashflow of US$4.8 million.

Jefferies has a last-published buy rating and A$2.40 target price on the stock, which is at A$2.73 ahead of the open. ([email protected])

(END) Dow Jones Newswires

Anticipate CAT to report solid growth in the upcoming Jan 3C

Cautiously I feel the share price seems cheap

Long term opportunities are significant as CAT only hold ~20% market share