Team17 Group (LON:TM17) PT Raised to GBX 310 at Barclays

Team17 Group (LON:TM17) had its price target upped by Barclays from GBX 265 ($3.30) to GBX 310 ($3.86) in a report released on Thursday, Marketbeat reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 21.57% from the stock’s previous close.

A number of other research analysts also recently weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Team17 Group in a report on Tuesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.10) price objective on shares of Team17 Group in a research note on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 386.25 ($4.81).

Team17 Group Stock Up 2.0 %

Shares of TM17 stock opened at GBX 255 ($3.17) on Thursday. Team17 Group has a 1 year low of GBX 145 ($1.81) and a 1 year high of GBX 405 ($5.04). The stock has a market cap 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 business’s fifty day moving average is GBX 241.25 and its 200-day moving average is GBX 233.86. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.28 and a current ratio of 1.43.

About Team17 Group

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.