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

Team17 Group (LON:TM17) had its price objective boosted by Barclays from GBX 265 ($3.30) to GBX 310 ($3.86) in a research note issued to investors on Thursday, MarketBeat Ratings reports. Barclays currently has an overweight rating on the stock.

TM17 has been the subject of a number of other research reports. Berenberg Bank reiterated a buy rating and issued a GBX 490 ($6.10) price target 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. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of GBX 447.50 ($5.57).

Team17 Group Stock Down 0.0 %

Team17 Group stock opened at GBX 249.90 ($3.11) on Thursday. The company has a market cap of £364.35 million, a P/E ratio of 1,785.71, a price-to-earnings-growth 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 fifty day simple moving average of GBX 240.95 and a 200 day simple moving average of GBX 233.96. The company has a current ratio of 1.43, a quick ratio of 2.28 and a debt-to-equity ratio of 1.82.

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.