Team17 Group (LON:TM17) Receives Hold Rating from Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Team17 Group (LON:TM17) in a research report sent to investors on Friday, LSE.Co.UK reports. The brokerage currently has a GBX 230 ($2.86) target price on the stock.

Several other equities research analysts also recently weighed in on TM17. Shore Capital reaffirmed a buy rating on shares of Team17 Group in a research report on Tuesday. Berenberg Bank reaffirmed a buy rating and set a GBX 490 ($6.10) price target on shares of Team17 Group in a research report on Tuesday. Finally, Barclays increased their price target on Team17 Group from GBX 265 ($3.30) to GBX 310 ($3.86) and gave the stock an overweight rating in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Team17 Group currently has an average rating of Moderate Buy and a consensus target price of GBX 386.25 ($4.81).

Team17 Group Price Performance

Shares of TM17 opened at GBX 255 ($3.17) on Friday. The business’s 50-day moving average is GBX 241.25 and its two-hundred day moving average is GBX 233.86. The company has a market capitalization of £371.79 million, a P/E ratio of 1,821.43, a P/E/G ratio of 3.16 and a beta of 0.40. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.28 and a current ratio of 1.43. Team17 Group has a fifty-two week low of GBX 145 ($1.81) and a fifty-two week high of GBX 405 ($5.04).

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.