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

Team17 Group plc (LON:TM17) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings 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 target price among brokers that have issued a report on the stock in the last year is GBX 347.50 ($4.40).

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.21) price target on shares of Team17 Group in a research report on Tuesday, September 17th.

Team17 Group Trading Down 0.2 %

TM17 opened at GBX 217.50 ($2.76) on Friday. Team17 Group has a 12-month low of GBX 150 ($1.90) and a 12-month high of GBX 330 ($4.18). The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The stock has a market capitalization of £313.09 million, a PE ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The firm’s fifty day moving average price is GBX 221.48 and its 200 day moving average price is GBX 257.05.

Insider Buying and Selling at Team17 Group

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.66), for a total value of £6,356,057.40 ($8,056,860.69). 28.15% of the stock is owned by corporate insiders.

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.