Berenberg Bank Reiterates Buy Rating for Team17 Group (LON:TM17)

Team17 Group (LON:TM17)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report issued on Tuesday, Digital Look reports. They currently have a GBX 490 ($6.10) target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 96.00% from the company’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Team17 Group in a report on Thursday, January 25th.

Team17 Group Stock Performance

LON:TM17 opened at GBX 250 ($3.11) on Tuesday. Team17 Group has a 12-month low of GBX 145 ($1.81) and a 12-month high of GBX 405 ($5.04). The company has a quick ratio of 2.28, a current ratio of 1.43 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of £364.50 million, a PE ratio of 1,800.00, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40. The firm has a 50-day moving average price of GBX 240.48 and a 200 day moving average price of GBX 233.80.

About Team17 Group

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.