Berenberg Bank Reiterates Buy Rating for Team Internet Group (LON:TIG)

Team Internet Group (LON:TIG)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report issued on Monday, Marketbeat Ratings reports. They currently have a GBX 100 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 75.44% from the company’s previous close.

Team Internet Group Price Performance

Shares of LON TIG opened at GBX 57 on Monday. Team Internet Group has a 1 year low of GBX 48.45 and a 1 year high of GBX 141.13. The firm has a 50-day simple moving average of GBX 62.53 and a two-hundred day simple moving average of GBX 64.37. The company has a market cap of £142.58 million, a P/E ratio of 660.49 and a beta of 0.60.

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.