Team17 Group plc (LON:TM17) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Team17 Group plc (LON:TM17) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 347.50 ($4.49).

TM17 has been the topic of a number of recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.34) price target on shares of Team17 Group in a report on Tuesday, April 16th. Shore Capital reaffirmed a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th. Citigroup reissued a “buy” rating on shares of Team17 Group in a report on Friday, May 3rd. Barclays boosted their target price on Team17 Group from GBX 265 ($3.43) to GBX 310 ($4.01) and gave the stock an “overweight” rating in a report on Thursday, April 18th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 230 ($2.97) price target on shares of Team17 Group in a report on Friday, April 19th.

Team17 Group Stock Performance

TM17 stock opened at GBX 303 ($3.92) on Tuesday. Team17 Group has a 52 week low of GBX 145 ($1.88) and a 52 week high of GBX 355 ($4.59). The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.28 and a current ratio of 2.08. The stock has a market cap of £441.77 million, a P/E ratio of -9,833.33, a P/E/G ratio of 3.16 and a beta of 0.36. The firm has a 50 day simple moving average of GBX 287.19 and a 200 day simple moving average of GBX 256.76.

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.