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

Team17 Group plc (LON:TM17) has earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 386.25 ($4.85).

A number of analysts have commented on the stock. Shore Capital restated a “buy” rating on shares of Team17 Group in a research report on Tuesday, April 16th. Citigroup restated a “buy” rating on shares of Team17 Group in a research report on Friday, May 3rd. Barclays lifted their price target on Team17 Group from GBX 265 ($3.33) to GBX 310 ($3.89) and gave the company an “overweight” rating in a research report on Thursday, April 18th. Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.16) price objective on shares of Team17 Group in a report on Tuesday, April 16th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 230 ($2.89) target price on shares of Team17 Group in a research note on Friday, April 19th.

Team17 Group Price Performance

Shares of LON TM17 opened at GBX 270 ($3.39) on Friday. The stock has a market cap of £393.66 million, a P/E ratio of -8,866.67, a P/E/G ratio of 3.16 and a beta of 0.38. The firm’s 50-day simple moving average is GBX 244.84 and its 200 day simple moving average is GBX 235.60. Team17 Group has a fifty-two week low of GBX 145 ($1.82) and a fifty-two week high of GBX 405 ($5.09). The company has a quick ratio of 2.28, a current ratio of 2.08 and a debt-to-equity ratio of 1.45.

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.