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Berenberg Bank Reaffirms "Buy" Rating for Team Internet Group (LON:TIG)

Team Internet Group logo with Communication Services background

Key Points

  • Berenberg Bank has reaffirmed a "buy" rating for Team Internet Group (LON:TIG), setting a price target of GBX 100, indicating a potential upside of 74.17% from the current price.
  • As of the last trading session, Team Internet Group's stock opened at GBX 57.42, with a market capitalization of £143.62 million and a price-to-earnings ratio of 665.30.
  • Team Internet Group operates in the domain name services sector, providing products and services through two segments: Online Presence and Online Marketing.
  • Five stocks we like better than Team Internet Group.

Berenberg Bank reaffirmed their buy rating on shares of Team Internet Group (LON:TIG - Free Report) in a research note published on Monday, MarketBeat.com reports. They currently have a GBX 100 target price on the stock.

Team Internet Group Price Performance

Team Internet Group stock traded down GBX 1.20 during mid-day trading on Monday, reaching GBX 57.50. 234,549 shares of the company traded hands, compared to its average volume of 537,530. Team Internet Group has a fifty-two week low of GBX 48.45 and a fifty-two week high of GBX 141.13. The company has a market capitalization of £143.83 million, a price-to-earnings ratio of 666.28 and a beta of 0.60. The firm's fifty day moving average is GBX 62.24 and its two-hundred day moving average is GBX 63.76.

Team Internet Group Company Profile

(Get Free Report)

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.

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