Team17 Group (LON:TM17) Given New GBX 310 Price Target at Barclays

Team17 Group (LON:TM17Free Report) had its target price upped by Barclays from GBX 265 ($3.30) to GBX 310 ($3.86) in a research report report published on Thursday morning, MarketBeat reports. They currently have an overweight rating on the stock.

A number of other research analysts have also recently weighed in on the stock. Berenberg Bank reiterated a buy rating and issued a GBX 490 ($6.10) target price on shares of Team17 Group in a research note on Tuesday, April 16th. Shore Capital reiterated a buy rating on shares of Team17 Group in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of GBX 386.25 ($4.81).

Read Our Latest Research Report on TM17

Team17 Group Stock Up 2.0 %

TM17 opened at GBX 255 ($3.17) on Thursday. The company has a quick ratio of 2.28, a current ratio of 1.43 and a debt-to-equity ratio of 1.82. The stock has a market cap of £371.79 million, a price-to-earnings ratio of 1,821.43, a PEG ratio of 3.16 and a beta of 0.40. Team17 Group has a twelve month low of GBX 145 ($1.81) and a twelve month high of GBX 405 ($5.04). The company’s 50-day moving average price is GBX 241.25 and its two-hundred day moving average price is GBX 233.49.

About Team17 Group

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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.

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