Analysts Set Team17 Group plc (LON:TM17) PT at GBX 347.50

Team17 Group plc (LON:TM17) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 347.50 ($4.34).

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.12) price target on shares of Team17 Group in a research report on Tuesday, September 17th.

Team17 Group Price Performance

Team17 Group stock opened at GBX 220.55 ($2.76) on Friday. The firm has a fifty day moving average of GBX 218.42 and a 200-day moving average of GBX 255.01. Team17 Group has a 52-week low of GBX 180 ($2.25) and a 52-week high of GBX 330 ($4.12). The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of £317.48 million, a P/E ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31.

Insider Activity

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.62), for a total transaction of £6,356,057.40 ($7,944,078.74). Insiders own 28.15% of the company’s stock.

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.