Team Internet Group (LON:TIG) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Team Internet Group (LON:TIG) in a report released on Monday morning,Digital Look reports. The firm currently has a GBX 90 target price on the stock.

Team Internet Group Stock Up 1.9%

Shares of Team Internet Group stock opened at GBX 42.80 on Monday. The firm has a market capitalization of £107.06 million, a P/E ratio of 4.96 and a beta of 0.49. The company has a 50 day moving average price of GBX 41.87 and a 200 day moving average price of GBX 42.21. Team Internet Group has a 52 week low of GBX 31 and a 52 week high of GBX 65.

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.