Team17 Group plc (LON:TM17) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Team17 Group plc (LON:TM17) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 347.50 ($4.51).

Several analysts have issued reports on TM17 shares. Royal Bank of Canada started coverage on Team17 Group in a report on Tuesday, July 16th. They issued an “outperform” rating and a GBX 360 ($4.67) target price for the company. Shore Capital restated a “buy” rating on shares of Team17 Group in a report on Wednesday, July 17th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.35) target price on shares of Team17 Group in a report on Tuesday, September 17th.

Team17 Group Stock Up 13.2 %

Shares of TM17 opened at GBX 240 ($3.11) on Thursday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. Team17 Group has a one year low of GBX 145 ($1.88) and a one year high of GBX 355 ($4.60). The stock has a market capitalization of £345.48 million, a price-to-earnings ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31. The stock has a 50 day moving average price of GBX 243.49 and a 200 day moving average price of GBX 268.24.

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.