Team17 Group (LON:TM17) Rating Reiterated by Berenberg Bank
Team17 Group (LON:TM17)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also commented on the company. Jefferies Financial Group upped their price target on Team17 Group from GBX 290 ($3.81) to GBX 402 ($5.29) and gave the company a “hold” rating in a research report on Monday, January 13th. Shore Capital assumed coverage on Team17 Group in a research report on Monday, January 13th. They set a “buy” rating and a GBX 480 ($6.31) price target for the company. Liberum Capital reaffirmed a “buy” rating on shares of Team17 Group in a research report on Friday, January 10th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Team17 Group in a research report on Monday, February 24th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 430.40 ($5.66).
Shares of LON:TM17 traded up GBX 4 ($0.05) during midday trading on Tuesday, hitting GBX 554 ($7.29). 170,178 shares of the stock traded hands. The stock has a market capitalization of $727.97 million and a PE ratio of 43.62. The business’s 50 day moving average is GBX 490.96 and its two-hundred day moving average is GBX 367.56. Team17 Group has a one year low of GBX 190 ($2.50) and a one year high of GBX 554 ($7.29).
Team17 Group PLC develops video games label for independent developers worldwide. The company develops and publishes games across multiple platforms. Its portfolio comprises approximately 90 games, including the Worms franchise, Overcooked, and The Escapists. Team17 Group PLC was founded in 1990 and is based in Wakefield, the United Kingdom.
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