Jefferies Financial Group Reiterates Hold Rating for Team17 Group (LON:TM17)

Team17 Group (LON:TM17)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Financial Group in a report released on Friday, LSE.Co.UK reports. They presently have a GBX 230 ($2.86) target price on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 9.80% from the company’s current price.

Several other research firms have also weighed in on TM17. Barclays lifted their price target on Team17 Group from GBX 265 ($3.30) to GBX 310 ($3.86) and gave the company an “overweight” rating in a research report on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.10) price target on shares of Team17 Group in a research report on Tuesday, April 16th. Finally, Shore Capital restated a “buy” rating on shares of Team17 Group in a research report on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Team17 Group currently has an average rating of “Moderate Buy” and an average price target of GBX 386.25 ($4.81).

Team17 Group Price Performance

TM17 opened at GBX 255 ($3.17) on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.28 and a current ratio of 1.43. Team17 Group has a 52-week low of GBX 145 ($1.81) and a 52-week high of GBX 405 ($5.04). The stock has a market capitalization of £371.79 million, a PE ratio of 1,821.43, a price-to-earnings-growth ratio of 3.16 and a beta of 0.40. The stock’s 50 day moving average price is GBX 241.25 and its 200-day moving average price is GBX 233.60.

Team17 Group Company Profile

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.