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

Shares of Team17 Group plc (LON:TM17) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 347.50 ($4.34).

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.12) price objective on shares of Team17 Group in a research report on Tuesday, September 17th.

Insider Transactions at Team17 Group

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.62), for a total transaction of £6,356,057.40 ($7,944,078.74). Insiders own 28.15% of the company’s stock.

Team17 Group Trading Down 0.9 %

Shares of TM17 stock opened at GBX 220.55 ($2.76) on Friday. The company has a market capitalization of £317.48 million, a price-to-earnings ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The firm has a 50-day moving average price of GBX 218.42 and a 200 day moving average price of GBX 255.01. Team17 Group has a twelve month low of GBX 180 ($2.25) and a twelve month high of GBX 330 ($4.12).

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.