Team17 Group’s (TM17) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of Team17 Group (LON:TM17) in a research note released on Tuesday morning, MarketBeat.com reports.

Separately, Berenberg Bank reiterated a buy rating and set a GBX 490 ($6.10) price target on shares of Team17 Group in a research report on Tuesday.

Team17 Group Trading Down 0.0 %

Shares of TM17 opened at GBX 254.95 ($3.17) on Tuesday. The business’s 50-day moving average price is GBX 240.58 and its 200-day moving average price is GBX 233.73. Team17 Group has a twelve month low of GBX 145 ($1.81) and a twelve month high of GBX 405 ($5.04). The stock has a market cap of £371.72 million, a PE ratio of 1,821.43, a P/E/G ratio of 3.16 and a beta of 0.40. The company has a quick ratio of 2.28, a current ratio of 1.43 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.