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

Team17 Group plc (LON:TM17) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 347.50 ($4.38).

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.18) price target on shares of Team17 Group in a research report on Tuesday, September 17th.

Team17 Group Trading Down 2.3 %

Shares of Team17 Group stock opened at GBX 210 ($2.65) on Monday. Team17 Group has a twelve month low of GBX 145 ($1.83) and a twelve month high of GBX 355 ($4.47). The firm’s 50-day moving average price is GBX 236.71 and its 200 day moving average price is GBX 265.30. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of £302.30 million, a PE ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31.

Insiders Place Their Bets

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of GBX 210 ($2.65), for a total transaction of £6,356,057.40 ($8,010,154.25). Corporate insiders own 28.15% of the company’s stock.

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.