Team17 Group (LON:TM17) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their buy rating on shares of Team17 Group (LON:TM17) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently commented on TM17. Liberum Capital reaffirmed a buy rating on shares of Team17 Group in a research note on Wednesday, March 11th. Jefferies Financial Group increased their target price on shares of Team17 Group from GBX 290 ($3.81) to GBX 402 ($5.29) and gave the stock a hold rating in a research note on Monday, January 13th. Shore Capital reissued a buy rating on shares of Team17 Group in a report on Tuesday, March 10th. Finally, Berenberg Bank boosted their price target on shares of Team17 Group from GBX 500 ($6.58) to GBX 550 ($7.23) and gave the company a buy rating in a research report on Tuesday, March 10th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of GBX 479.40 ($6.31).

Shares of Team17 Group stock opened at GBX 510 ($6.71) on Monday. The company’s 50-day moving average price is GBX 496.35 and its 200-day moving average price is GBX 390.72. The company has a current ratio of 4.50, a quick ratio of 4.50 and a debt-to-equity ratio of 1.98. Team17 Group has a 12-month low of GBX 47.50 ($0.62) and a 12-month high of GBX 560 ($7.37). The company has a market cap of $670.15 million and a price-to-earnings ratio of 39.53.

Team17 Group Company Profile

Team17 Group PLC develops video games label for independent developers worldwide. The company develops and publishes games across multiple platforms. Its portfolio comprises approximately 90 games, including the Worms franchise, Overcooked, and The Escapists. Team17 Group PLC was founded in 1990 and is based in Wakefield, the United Kingdom.

Further Reading: What is the G-20?

Analyst Recommendations for Team17 Group (LON:TM17)

Receive News & Ratings for Team17 Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Team17 Group and related companies with MarketBeat.com's FREE daily email newsletter.