Team17 Group (LON:TM17) Reaches New 12-Month High at $367.00

Team17 Group plc (LON:TM17)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 367 ($4.90) and last traded at GBX 367 ($4.90), with a volume of 30013 shares traded. The stock had previously closed at GBX 260 ($3.47).

Analysts Set New Price Targets

A number of brokerages recently issued reports on TM17. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.54) price objective on shares of Team17 Group in a research report on Tuesday, September 17th. Royal Bank of Canada began coverage on Team17 Group in a report on Tuesday, July 16th. They issued an “outperform” rating and a GBX 360 ($4.81) price target on the stock. Finally, Shore Capital reissued a “buy” rating on shares of Team17 Group in a report on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 347.50 ($4.64).

Team17 Group Stock Up 3.8 %

The stock has a 50-day simple moving average of GBX 268.51 and a two-hundred day simple moving average of GBX 266.24. The company has a quick ratio of 2.28, a current ratio of 2.08 and a debt-to-equity ratio of 1.45. The firm has a market cap of £388.67 million, a PE ratio of -8,666.67, a P/E/G ratio of 3.16 and a beta of 0.31.

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.