Jefferies Financial Group Reiterates “Hold” Rating for Team17 Group (LON:TM17)

Team17 Group (LON:TM17)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a research note issued on Friday, LSE.Co.UK reports. They presently have a GBX 230 ($2.86) price objective on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 6.74% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Shore Capital reaffirmed a “buy” rating on shares of Team17 Group in a research report on Tuesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 490 ($6.10) price objective on shares of Team17 Group in a research report on Tuesday. Finally, Barclays lifted their price objective on shares of Team17 Group from GBX 265 ($3.30) to GBX 310 ($3.86) and gave the stock an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 386.25 ($4.81).

Team17 Group Stock Performance

Shares of TM17 stock opened at GBX 246.62 ($3.07) on Friday. The company has a quick ratio of 2.28, a current ratio of 1.43 and a debt-to-equity ratio of 1.82. Team17 Group has a 52 week low of GBX 145 ($1.81) and a 52 week high of GBX 405 ($5.04). The stock has a market capitalization of £359.57 million, a PE ratio of 1,761.56, a P/E/G ratio of 3.16 and a beta of 0.40. The firm has a 50 day moving average of GBX 240.95 and a two-hundred day moving average 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.