Team17 Group (LON:TM17) Rating Reiterated by Berenberg Bank

Team17 Group (LON:TM17)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 490 ($6.47) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 100.00% from the company’s current price.

Several other research firms have also issued reports on TM17. Royal Bank of Canada started coverage on shares of Team17 Group in a research report on Tuesday, July 16th. They issued an “outperform” rating and a GBX 360 ($4.76) price target on the stock. Shore Capital restated a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Team17 Group has an average rating of “Moderate Buy” and a consensus target price of GBX 347.50 ($4.59).

Team17 Group Stock Performance

LON TM17 opened at GBX 245 ($3.24) on Tuesday. 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 £352.68 million, a price-to-earnings ratio of -8,166.67, a P/E/G ratio of 3.16 and a beta of 0.31. The company’s fifty day moving average is GBX 271.64 and its two-hundred day moving average is GBX 265.66. Team17 Group has a 52-week low of GBX 145 ($1.92) and a 52-week high of GBX 355 ($4.69).

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.