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

Team17 Group plc (LON:TM17) has been given an average rating of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 347.50 ($4.42).

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.23) price target on shares of Team17 Group in a report on Tuesday, September 17th.

Team17 Group Price Performance

Team17 Group stock opened at GBX 220 ($2.80) on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. Team17 Group has a 52 week low of GBX 175 ($2.22) and a 52 week high of GBX 330 ($4.20). The stock has a market capitalization of £316.69 million, a P/E ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The stock has a fifty day moving average of GBX 219.37 and a 200-day moving average of GBX 255.87.

Insider Buying and Selling

In related news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.67), for a total transaction of £6,356,057.40 ($8,080,418.76). 28.15% of the stock is currently owned by corporate insiders.

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.