Team Internet Group (LON:TIG) Earns “Buy” Rating from Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report released on Thursday,Digital Look reports. They presently have a GBX 90 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 135.29% from the stock’s previous close.

Team Internet Group Stock Up 2.0%

Shares of TIG stock opened at GBX 38.25 on Thursday. The firm has a 50 day moving average of GBX 37.44 and a two-hundred day moving average of GBX 44.23. The stock has a market capitalization of £95.68 million, a PE ratio of 4.43 and a beta of 0.49. Team Internet Group has a 52 week low of GBX 31 and a 52 week high of GBX 72.90.

About Team Internet Group

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.