Shore Capital Reiterates “Buy” Rating for Team17 Group (LON:TM17)

Shore Capital restated their buy rating on shares of Team17 Group (LON:TM17) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports.

Separately, Berenberg Bank reissued a buy rating and set a GBX 490 ($6.10) price target on shares of Team17 Group in a research report on Tuesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Team17 Group currently has a consensus rating of Moderate Buy and a consensus price target of GBX 386.25 ($4.81).

Team17 Group Trading Up 2.0 %

Shares of LON:TM17 opened at GBX 255 ($3.17) on Tuesday. The company’s 50-day moving average price is GBX 241.25 and its two-hundred day moving average price is GBX 233.86. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.43 and a quick ratio of 2.28. Team17 Group has a one year low of GBX 145 ($1.81) and a one year high of GBX 405 ($5.04). The stock 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.

About Team17 Group

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.