Brokerages Set Team17 Group plc (LON:TM17) Target Price at GBX 829.67

Team17 Group plc (LON:TM17 – Get Rating) has received a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 829.67 ($10.23).

Several analysts have issued reports on TM17 shares. Shore Capital restated a “hold” rating on shares of Team17 Group in a report on Tuesday, April 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 800 ($9.86) price objective on shares of Team17 Group in a report on Thursday, April 28th. Finally, Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 850 ($10.48) target price on shares of Team17 Group in a research note on Tuesday, February 1st.

Shares of TM17 stock traded up GBX 2 ($0.02) during trading hours on Friday, reaching GBX 385 ($4.75). The company had a trading volume of 71,110 shares, compared to its average volume of 546,302. Team17 Group has a 12-month low of GBX 375 ($4.62) and a 12-month high of GBX 870 ($10.73). The company has a debt-to-equity ratio of 1.84, a quick ratio of 2.89 and a current ratio of 2.89. The company has a market capitalization of £556.79 million and a price-to-earnings ratio of 21.15. The stock has a fifty day moving average of GBX 483.75 and a 200-day moving average of GBX 620.86.

About Team17 Group (Get Rating)

Team17 Group PLC, together with its subsidiaries, develops video games label for independent developers worldwide. The company develops and publishes owned and third-party IP video games for the digital and physical market. Its portfolio comprises approximately 100 games, including the Worms franchise, Overcooked!, and The Escapists.

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