Team Internet Group (LON:TIG) Earns “Buy” Rating from Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued on Thursday,Digital Look reports. They currently have a GBX 90 target price on the stock. Berenberg Bank’s target price indicates a potential upside of 130.77% from the stock’s previous close.

Team Internet Group Stock Performance

Shares of TIG opened at GBX 39 on Thursday. The stock has a 50-day simple moving average of GBX 37.20 and a 200-day simple moving average of GBX 44.14. The stock has a market capitalization of £97.55 million, a PE ratio of 4.52 and a beta of 0.49. Team Internet Group has a 1 year low of GBX 31 and a 1 year high of GBX 72.90.

Team Internet Group Company Profile

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.