Shares of Team17 Group plc (LON:TM17 – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 386.25 ($4.85).
A number of research analysts have recently commented on the company. Jefferies Financial Group restated a “hold” rating and issued a GBX 230 ($2.89) target price on shares of Team17 Group in a research note on Friday, April 19th. Shore Capital restated a “buy” rating on shares of Team17 Group in a report on Tuesday, April 16th. Barclays increased their price target on shares of Team17 Group from GBX 265 ($3.33) to GBX 310 ($3.89) and gave the stock an “overweight” rating in a research note on Thursday, April 18th. Citigroup reissued a “buy” rating on shares of Team17 Group in a research report on Friday. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.16) price objective on shares of Team17 Group in a report on Tuesday, April 16th.
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Team17 Group Stock Performance
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.
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