Team17 Group (LON:TM17) Given Buy Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Team17 Group (LON:TM17) in a research report sent to investors on Tuesday, Marketbeat reports. The brokerage currently has a GBX 490 ($6.47) price target on the stock.

Several other research firms also recently weighed in on TM17. Royal Bank of Canada initiated coverage on Team17 Group in a research note on Tuesday, July 16th. They issued an outperform rating and a GBX 360 ($4.76) price target for the company. Shore Capital reaffirmed a buy rating on shares of Team17 Group in a research note on Wednesday, July 17th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of GBX 347.50 ($4.59).

Team17 Group Stock Up 6.3 %

Shares of TM17 stock opened at GBX 270 ($3.57) on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.08 and a quick ratio of 2.28. Team17 Group has a one year low of GBX 145 ($1.92) and a one year high of GBX 355 ($4.69). The company’s fifty day moving average price is GBX 269.81 and its 200-day moving average price is GBX 265.85. The company has a market capitalization of £388.67 million, a price-to-earnings ratio of -9,000.00, a PEG 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.