Team Internet Group plc (LON:TIG – Get Free Report) rose 16.2% on Friday . The company traded as high as GBX 39.70 and last traded at GBX 39.50. Approximately 372,195 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 481,645 shares. The stock had previously closed at GBX 34.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 90 price target on shares of Team Internet Group in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Team Internet Group has an average rating of “Buy” and a consensus target price of GBX 90.
Check Out Our Latest Research Report on Team Internet Group
Team Internet Group Stock Up 16.2%
About Team Internet Group
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.
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