Team17 Group’s (TM17) “Buy” Rating Reaffirmed at Citigroup

Citigroup reissued their buy rating on shares of Team17 Group (LON:TM17) in a research note published on Friday, MarketBeat Ratings reports.

Several other research analysts have also weighed in on the stock. Barclays increased their price objective on shares of Team17 Group from GBX 265 ($3.33) to GBX 310 ($3.89) and gave the stock an overweight rating in a report on Thursday, April 18th. Berenberg Bank restated a buy rating and issued a GBX 490 ($6.16) price target on shares of Team17 Group in a report on Tuesday, April 16th. Shore Capital restated a buy rating on shares of Team17 Group in a report on Tuesday, April 16th. Finally, Jefferies Financial Group reaffirmed a hold rating and issued a GBX 230 ($2.89) price objective on shares of Team17 Group in a research report on Friday, April 19th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Team17 Group has an average rating of Moderate Buy and an average price target of GBX 386.25 ($4.85).

Team17 Group Stock Up 0.8 %

TM17 stock opened at GBX 267 ($3.35) on Friday. The company’s 50-day moving average price is GBX 242.31 and its 200 day moving average price is GBX 234.86. The company has a market cap of £389.29 million, a P/E ratio of -8,900.00, a P/E/G ratio of 3.16 and a beta of 0.38. Team17 Group has a 52 week low of GBX 145 ($1.82) and a 52 week high of GBX 405 ($5.09). The company has a current ratio of 2.08, a quick ratio of 2.28 and a debt-to-equity ratio of 1.45.

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.