Team17 Group’s (TM17) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Team17 Group (LON:TM17Get Rating) in a report released on Thursday morning, MarketBeat reports. Berenberg Bank currently has a GBX 800 ($10.20) price objective on the stock.

Several other equities analysts have also commented on the company. Shore Capital reiterated a hold rating on shares of Team17 Group in a research note on Tuesday, April 12th. Canaccord Genuity Group reissued a hold rating and issued a GBX 850 ($10.83) target price on shares of Team17 Group in a research report on Tuesday, February 1st. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Team17 Group currently has a consensus rating of Hold and a consensus target price of GBX 829.67 ($10.57).

TM17 stock opened at GBX 440 ($5.61) on Thursday. The company has a 50 day moving average price of GBX 512.58 and a two-hundred day moving average price of GBX 648.52. The company has a debt-to-equity ratio of 1.21, a quick ratio of 4.75 and a current ratio of 4.75. The stock has a market capitalization of £636.33 million and a P/E ratio of 26.49. Team17 Group has a one year low of GBX 382 ($4.87) and a one year high of GBX 870 ($11.09).

In other Team17 Group news, insider Mark Crawford acquired 973 shares of the company’s stock in a transaction dated Tuesday, February 1st. The stock was bought at an average price of GBX 717 ($9.14) per share, with a total value of £6,976.41 ($8,891.68).

About Team17 Group (Get Rating)

Team17 Group PLC, together with its subsidiaries, develops video games label for independent developers worldwide. The company develops and publishes owned and third-party IP video games for the digital and physical market. Its portfolio comprises approximately 100 games, including the Worms franchise, Overcooked!, and The Escapists.

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Analyst Recommendations for Team17 Group (LON:TM17)

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