Team17 Group plc (LON:TM17) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Team17 Group plc (LON:TM17) have earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 347.50 ($4.65).

Several equities research analysts recently weighed in on TM17 shares. Shore Capital reissued a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th. Royal Bank of Canada started coverage on Team17 Group in a research note on Tuesday, July 16th. They set an “outperform” rating and a GBX 360 ($4.82) target price on the stock. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.56) price target on shares of Team17 Group in a research note on Tuesday, September 17th.

Team17 Group Stock Up 1.8 %

LON:TM17 opened at GBX 252.50 ($3.38) 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. The firm has a market cap of £363.47 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 has a fifty-two week low of GBX 145 ($1.94) and a fifty-two week high of GBX 355 ($4.75). The firm has a 50-day simple moving average of GBX 264.63 and a two-hundred day simple moving average of GBX 266.52.

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.