Team17 Group plc (LON:TM17) Receives Consensus Recommendation of “Hold” from Analysts

Team17 Group plc (LON:TM17 – Get Rating) has earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 829.67 ($10.36).

Several equities analysts have recently weighed in on TM17 shares. Canaccord Genuity Group reissued a “hold” rating and set a GBX 850 ($10.62) target price on shares of Team17 Group in a research report on Tuesday, February 1st. Shore Capital reaffirmed a “hold” rating on shares of Team17 Group in a research report on Tuesday, April 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 800 ($9.99) price objective on shares of Team17 Group in a research report on Thursday, April 28th.

LON TM17 opened at GBX 420 ($5.25) on Friday. The company has a market cap of £607.41 million and a P/E ratio of 24.85. The company has a debt-to-equity ratio of 1.21, a quick ratio of 4.75 and a current ratio of 4.75. The business’s 50 day moving average price is GBX 494.67 and its 200-day moving average price is GBX 634.53. Team17 Group has a fifty-two week low of GBX 382 ($4.77) and a fifty-two week high of GBX 870 ($10.87).

Team17 Group Company Profile (Get Rating)

Team17 Group PLC, together with its subsidiaries, develops video games label for independent developers worldwide. The company develops and publishes owned and third-party IP video games for the digital and physical market. Its portfolio comprises approximately 100 games, including the Worms franchise, Overcooked!, and The Escapists.

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