Team17 Group plc (LON:TM17) Receives GBX 347.50 Consensus Target Price from Brokerages

Shares of Team17 Group plc (LON:TM17) have earned an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 347.50 ($4.39).

Separately, Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.19) price target on shares of Team17 Group in a report on Tuesday, September 17th.

Insiders Place Their Bets

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.65), for a total value of £6,356,057.40 ($8,025,325.00). Corporate insiders own 28.15% of the company’s stock.

Team17 Group Price Performance

LON TM17 opened at GBX 228 ($2.88) on Friday. Team17 Group has a fifty-two week low of GBX 153 ($1.93) and a fifty-two week high of GBX 330 ($4.17). The stock’s 50-day moving average is GBX 220.68 and its two-hundred day moving average is GBX 256.44. The firm has a market cap of £328.21 million, a P/E ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28.

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.