Team17 Group plc (LON:TM17) Given Consensus Rating of “Moderate Buy” by Analysts

Team17 Group plc (LON:TM17) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 347.50 ($4.51).

A number of research firms recently issued reports on TM17. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.36) target price on shares of Team17 Group in a research note on Tuesday, September 17th. Royal Bank of Canada started coverage on shares of Team17 Group in a research report on Tuesday, July 16th. They set an “outperform” rating and a GBX 360 ($4.67) price objective for the company. Finally, Shore Capital reaffirmed a “buy” rating on shares of Team17 Group in a research report on Wednesday, July 17th.

Team17 Group Trading Down 1.4 %

LON TM17 opened at GBX 217 ($2.82) on Thursday. Team17 Group has a one year low of GBX 145 ($1.88) and a one year high of GBX 355 ($4.61). The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The firm has a market cap of £312.37 million, a P/E ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The stock’s 50-day moving average is GBX 250.11 and its 200-day moving average is GBX 268.62.

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.