Brokerages Set Team17 Group plc (LON:TM17) Target Price at GBX 347.50

Shares of Team17 Group plc (LON:TM17) have been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 347.50 ($4.36).

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.14) target price on shares of Team17 Group in a research report on Tuesday, September 17th.

Team17 Group Stock Up 0.5 %

Shares of TM17 stock opened at GBX 201 ($2.52) on Monday. The stock has a market cap of £289.34 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. The stock has a fifty day moving average price of GBX 235.48 and a 200 day moving average price of GBX 263.67. Team17 Group has a one year low of GBX 145 ($1.82) and a one year high of GBX 330 ($4.14).

Insider Transactions at Team17 Group

In other news, insider Deborah Jayne Bestwick sold 3,026,694 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of GBX 210 ($2.63), for a total transaction of £6,356,057.40 ($7,967,979.69). 28.15% of the stock is owned by insiders.

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.