Team Internet Group’s (TIG) “Buy” Rating Reiterated at Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report issued on Monday, Digital Look reports. They currently have a GBX 90 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 112.51% from the company’s current price.

Team Internet Group Price Performance

LON TIG opened at GBX 42.35 on Monday. Team Internet Group has a one year low of GBX 31 and a one year high of GBX 65. The firm has a market cap of £102.19 million, a P/E ratio of -1.65 and a beta of 0.47. The stock’s 50-day moving average is GBX 43.91 and its 200-day moving average is GBX 40.88.

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.