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

Team17 Group plc (LON:TM17) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 347.50 ($4.65).

Several research analysts have recently issued reports on the company. Shore Capital reissued a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th. Berenberg Bank reaffirmed 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. Finally, Royal Bank of Canada initiated coverage on Team17 Group in a research report on Tuesday, July 16th. They set an “outperform” rating and a GBX 360 ($4.82) price objective for the company.

Team17 Group Stock Performance

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 company has a 50 day simple moving average of GBX 264.63 and a two-hundred day simple moving average of GBX 266.52. The company has a market capitalization of £363.47 million, a PE 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).

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.