Team17 Group plc (LON:TM17) Receives GBX 347.50 Consensus PT from Brokerages

Shares of Team17 Group plc (LON:TM17) have received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation 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 ($4.54).

Several brokerages have recently commented on TM17. Royal Bank of Canada started coverage on Team17 Group in a report on Tuesday, July 16th. They set an “outperform” rating and a GBX 360 ($4.71) price objective for the company. Shore Capital reissued a “buy” rating on shares of Team17 Group in a research note on Wednesday, July 17th.

Team17 Group Price Performance

Team17 Group stock opened at GBX 215 ($2.81) on Wednesday. The stock has a market cap of £309.49 million, a price-to-earnings ratio of -7,333.33, a PEG ratio of 3.16 and a beta of 0.31. The company has a quick ratio of 2.28, a current ratio of 2.08 and a debt-to-equity ratio of 1.45. The business has a 50-day simple moving average of GBX 278.36 and a 200 day simple moving average of GBX 266.53. Team17 Group has a 52 week low of GBX 145 ($1.90) and a 52 week high of GBX 355 ($4.64).

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.