Team17 Group (LON:TM17) Earns Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Team17 Group (LON:TM17) in a report issued on Tuesday morning, MarketBeat Ratings reports.

Separately, Berenberg Bank reiterated a buy rating and issued a GBX 490 ($6.10) target price on shares of Team17 Group in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of GBX 447.50 ($5.57).

Team17 Group Trading Down 0.4 %

LON:TM17 opened at GBX 250 ($3.11) on Tuesday. The firm has a market cap of £364.50 million, a PE ratio of 1,785.71, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40. The stock has a fifty day moving average price of GBX 240.95 and a 200 day moving average price of GBX 233.96. Team17 Group has a 12-month low of GBX 145 ($1.81) and a 12-month high of GBX 405 ($5.04). The company has a current ratio of 1.43, a quick ratio of 2.28 and a debt-to-equity ratio of 1.82.

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.