STOCKS NEWS EUROPE-Sportingbet up on strong start to year

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15:31GMT 27Nov2008-Sportingbet up on strong start to year

--------------------------------------------------------- Shares in Sportingbet (SBT.L) climb almost 2 percent as the online sports betting and gaming group says it has experienced a strong start to the year, prompting Collins Stewart to repeat its "buy" recommendation and 55 pence target price.

Paul Leyland, an analyst at Collins Stewart, says: "We are highly encouraged by this and see upgrade potential for our full year 2009 estimated revenue growth assumptions of 16 percent."

The broker says: "The company continues to grow despite the challenging macro-environment, which we see as evidence of resilience both in the gambling industry and Sportingbet's (improving) model."

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15:27GMT 27Nov2008-ThyssenKrupp features on Friday