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Peel Hunt Reaffirms “Buy” Rating for Team17 Group (LON:TM17)

Peel Hunt reiterated their buy rating on shares of Team17 Group (LON:TM17) in a report released on Friday, November 15th, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued research reports about the stock. Liberum Capital reaffirmed a buy rating on shares of Team17 Group in a research note on Monday, November 4th. Berenberg Bank reaffirmed a buy rating and issued a GBX 375 ($4.90) target price (up previously from GBX 330 ($4.31)) on shares of Team17 Group in a report on Monday, November 4th.

Shares of TM17 traded down GBX 13 ($0.17) during trading hours on Friday, hitting GBX 342 ($4.47). The stock had a trading volume of 78,532 shares. Team17 Group has a fifty-two week low of GBX 175 ($2.29) and a fifty-two week high of GBX 360 ($4.70). The firm has a market capitalization of $449.01 million and a price-to-earnings ratio of 26.93. The firm has a 50-day moving average price of GBX 321.31 and a 200 day moving average price of GBX 286.05.

Team17 Group Company Profile

Team17 Group PLC develops video games label for independent developers worldwide. The company develops and publishes games across multiple platforms. Its portfolio comprises approximately 90 games, including the Worms franchise, Overcooked, and The Escapists. Team17 Group PLC was founded in 1990 and is based in Wakefield, the United Kingdom.

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