Team17 Group (LON:TM17) Stock Rating Reaffirmed by Citigroup

Team17 Group (LON:TM17)‘s stock had its “buy” rating reaffirmed by stock analysts at Citigroup in a research report issued to clients and investors on Friday, MarketBeat Ratings reports.

A number of other brokerages have also recently issued reports on TM17. Shore Capital reiterated a “buy” rating on shares of Team17 Group in a report on Tuesday, April 16th. Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.16) price target on shares of Team17 Group in a research note on Tuesday, April 16th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 230 ($2.89) price objective on shares of Team17 Group in a research note on Friday, April 19th. Finally, Barclays upped their target price on Team17 Group from GBX 265 ($3.33) to GBX 310 ($3.89) and gave the stock an “overweight” rating in a research report on Thursday, April 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 386.25 ($4.85).

Team17 Group Trading Up 0.8 %

Shares of LON TM17 opened at GBX 267 ($3.35) on Friday. The stock has a market cap of £389.29 million, a price-to-earnings ratio of -8,900.00, a PEG ratio of 3.16 and a beta of 0.38. The business has a 50 day simple moving average of GBX 242.31 and a 200 day simple moving average of GBX 235.02. The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.28 and a current ratio of 2.08. Team17 Group has a 52 week low of GBX 145 ($1.82) and a 52 week high of GBX 405 ($5.09).

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.