Team17 Group (LON:TM17) Receives Hold Rating from Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Team17 Group (LON:TM17) in a research note issued to investors on Friday, LSE.Co.UK reports. They currently have a GBX 230 ($2.86) price target on the stock.

TM17 has been the topic of several other reports. Shore Capital restated a buy rating on shares of Team17 Group in a research report on Tuesday. Barclays boosted their price objective on Team17 Group from GBX 265 ($3.30) to GBX 310 ($3.86) and gave the company an overweight rating in a research report on Thursday. Finally, Berenberg Bank reaffirmed a buy rating and issued a GBX 490 ($6.10) target price on shares of Team17 Group in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of GBX 386.25 ($4.81).

Team17 Group Price Performance

LON TM17 opened at GBX 255 ($3.17) on Friday. The company has a market capitalization of £371.79 million, a PE ratio of 1,821.43, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.28 and a current ratio of 1.43. The business’s fifty day moving average is GBX 241.25 and its 200 day moving average is GBX 233.86. Team17 Group has a fifty-two week low of GBX 145 ($1.81) and a fifty-two week high of GBX 405 ($5.04).

Team17 Group Company Profile

Team17 Group plc, together with its subsidiaries, develops and publishes independent video games for digital and physical market in the United Kingdom and internationally. It operates through Games Label, Simulation, and Edutainment segments. The company develops and publishes owned and third-party IP video games; educational entertainment apps for children; and working simulation games.