Analysts Set Team17 Group plc (LON:TM17) Price Target at GBX 386.25

Shares of Team17 Group plc (LON:TM17) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 386.25 ($4.85).

A number of research analysts have recently commented on the company. Jefferies Financial Group restated a “hold” rating and issued a GBX 230 ($2.89) target price on shares of Team17 Group in a research note on Friday, April 19th. Shore Capital restated a “buy” rating on shares of Team17 Group in a report on Tuesday, April 16th. Barclays increased their price target on shares of Team17 Group from GBX 265 ($3.33) to GBX 310 ($3.89) and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Citigroup reissued a “buy” rating on shares of Team17 Group in a research report on Friday. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.16) price objective on shares of Team17 Group in a report on Tuesday, April 16th.

Team17 Group Stock Performance

Shares of TM17 opened at GBX 267 ($3.35) on Friday. The company has a 50-day simple moving average of GBX 242.31 and a two-hundred day simple moving average of GBX 234.95. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.08 and a quick ratio of 2.28. The firm has a market capitalization of £389.29 million, a PE ratio of -8,900.00, a price-to-earnings-growth ratio of 3.16 and a beta of 0.38. Team17 Group has a one year low of GBX 145 ($1.82) and a one year high of GBX 405 ($5.09).

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.