Team17 Group (LON:TM17) Given New GBX 310 Price Target at Barclays

Team17 Group (LON:TM17) had its target price upped by Barclays from GBX 265 ($3.30) to GBX 310 ($3.86) in a research report sent to investors on Thursday morning, MarketBeat.com reports. The firm currently has an overweight rating on the stock.

Several other analysts have also issued reports on TM17. Berenberg Bank reiterated a buy rating and issued a GBX 490 ($6.10) target price on shares of Team17 Group in a research note on Tuesday. Shore Capital reiterated a buy rating on shares of Team17 Group in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of GBX 447.50 ($5.57).

Team17 Group Stock Performance

LON TM17 opened at GBX 249.90 ($3.11) on Thursday. 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. The firm has a market cap of £364.35 million, a price-to-earnings ratio of 1,785.71, a PEG ratio of 3.16 and a beta of 0.40. The company has a fifty day moving average price of GBX 240.95 and a 200-day moving average price of GBX 233.96.

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.