Team17 Group plc (LON:TM17) Receives GBX 347.50 Average PT from Brokerages

Shares of Team17 Group plc (LON:TM17) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 347.50 ($4.51).

Several equities analysts have recently issued reports on the stock. Shore Capital reissued a “buy” rating on shares of Team17 Group in a report on Wednesday, July 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.36) price target on shares of Team17 Group in a research note on Tuesday, September 17th. Finally, Royal Bank of Canada started coverage on shares of Team17 Group in a report on Tuesday, July 16th. They issued an “outperform” rating and a GBX 360 ($4.67) price objective for the company.

Team17 Group Price Performance

Shares of LON:TM17 opened at GBX 224 ($2.91) on Thursday. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The firm has a 50-day simple moving average of GBX 246.36 and a 200 day simple moving average of GBX 268.54. Team17 Group has a fifty-two week low of GBX 145 ($1.88) and a fifty-two week high of GBX 355 ($4.61). The company has a market cap of £322.45 million, a PE 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.