Brokerages Set Team17 Group plc (LON:TM17) PT at GBX 347.50

Shares of Team17 Group plc (LON:TM17) have received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 347.50 ($4.65).

TM17 has been the subject of a number of research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.55) price target on shares of Team17 Group in a research report on Tuesday, September 17th. Royal Bank of Canada initiated coverage on Team17 Group in a research report on Tuesday, July 16th. They issued an “outperform” rating and a GBX 360 ($4.82) target price on the stock. Finally, Shore Capital reissued a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th.

Team17 Group Trading Down 0.6 %

LON TM17 opened at GBX 262.50 ($3.51) on Friday. Team17 Group has a 12-month low of GBX 145 ($1.94) and a 12-month high of GBX 355 ($4.75). The company has a fifty day simple moving average of GBX 260.86 and a two-hundred day simple moving average of GBX 267.71. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The stock has a market cap of £377.87 million, a P/E ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31.

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.