Team17 Group (LON:TM17) had its target price hoisted by Jefferies Financial Group from GBX 290 ($3.81) to GBX 402 ($5.29) in a research note released on Monday, Stock Target Advisor reports. The firm currently has a hold rating on the stock.
TM17 has been the subject of a number of other research reports. Berenberg Bank upped their price target on Team17 Group from GBX 375 ($4.93) to GBX 500 ($6.58) and gave the stock a buy rating in a report on Monday. Shore Capital initiated coverage on Team17 Group in a report on Monday. They issued a buy rating and a GBX 480 ($6.31) price target for the company. Peel Hunt upped their price target on Team17 Group from GBX 340 ($4.47) to GBX 440 ($5.79) and gave the stock a buy rating in a report on Friday, January 10th. Finally, Liberum Capital restated a buy rating on shares of Team17 Group in a report on Friday, January 10th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Team17 Group has a consensus rating of Buy and a consensus target price of GBX 430.40 ($5.66).
LON TM17 opened at GBX 461 ($6.06) on Monday. The stock has a market cap of $596.05 million and a PE ratio of 36.30. Team17 Group has a fifty-two week low of GBX 190 ($2.50) and a fifty-two week high of GBX 390 ($5.13). The business has a 50 day moving average price of GBX 360.89 and a two-hundred day moving average price of GBX 313.63.
About Team17 Group
Team17 Group PLC develops video games label for independent developers worldwide. The company develops and publishes games across multiple platforms. Its portfolio comprises approximately 90 games, including the Worms franchise, Overcooked, and The Escapists. Team17 Group PLC was founded in 1990 and is based in Wakefield, the United Kingdom.
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