Team17 Group (LON:TM17) Rating Reiterated by Berenberg Bank

Team17 Group (LON:TM17)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a research report issued on Tuesday, Marketbeat Ratings reports. They currently have a GBX 490 ($6.10) target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 95.22% from the stock’s previous close.

Separately, Shore Capital reiterated a “buy” rating on shares of Team17 Group in a research note on Thursday, January 25th.

Team17 Group Trading Down 1.6 %

Shares of Team17 Group stock opened at GBX 251 ($3.12) on Tuesday. The company’s fifty day simple moving average is GBX 240.65 and its 200-day simple moving average is GBX 233.85. The stock has a market capitalization of £365.96 million, a PE ratio of 1,792.86, a P/E/G ratio of 3.16 and a beta of 0.40. Team17 Group has a 1-year low of GBX 145 ($1.81) and a 1-year high of GBX 405 ($5.04). The company has a debt-to-equity ratio of 1.82, a current ratio of 1.43 and a quick ratio of 2.28.

Team17 Group Company Profile

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.