Team17 Group (LON:TM17) Earns Buy Rating from Berenberg Bank

Team17 Group (LON:TM17)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They currently have a GBX 490 ($6.10) target price on the stock. Berenberg Bank’s price target points to a potential upside of 95.22% from the stock’s previous close.

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

Team17 Group Price Performance

Shares of TM17 opened at GBX 251 ($3.12) on Tuesday. The company has a 50 day moving average price of GBX 240.65 and a 200-day moving average price of GBX 233.85. Team17 Group has a fifty-two week low of GBX 145 ($1.81) and a fifty-two week high of GBX 405 ($5.04). The stock has a market capitalization of £365.96 million, a PE ratio of 1,792.86, a PEG ratio of 3.16 and a beta of 0.40. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.28 and a current ratio of 1.43.

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.