Team17 Group (LON:TM17) Receives Buy Rating from Shore Capital

Team17 Group (LON:TM17 - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat reports.

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 490 ($6.10) price target on shares of Team17 Group in a research note on Tuesday.

Team17 Group Trading Down 1.9 %

TM17 traded down GBX 5 ($0.06) during midday trading on Tuesday, reaching GBX 255 ($3.17). 162,120 shares of the company's stock traded hands, compared to its average volume of 444,862. The firm has a fifty day moving average of GBX 240.58 and a two-hundred day moving average of GBX 233.73. The stock has a market capitalization of £371.79 million, a price-to-earnings ratio of 1,821.43, a P/E/G ratio of 3.16 and a beta of 0.40. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.43 and a quick ratio of 2.28. Team17 Group has a 52 week low of GBX 145 ($1.81) and a 52 week high of GBX 405 ($5.04).

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.