Team17 Group’s (TM17) “Buy” Rating Reiterated at Berenberg Bank

Team17 Group (LON:TM17)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report issued on Thursday.

Separately, Peel Hunt assumed coverage on Team17 Group in a research report on Thursday, October 18th. They set a “buy” rating and a GBX 295 ($3.85) target price on the stock.

Shares of TM17 remained flat at $GBX 226 ($2.95) during midday trading on Thursday. The company’s stock had a trading volume of 10,842 shares.

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.

Further Reading: What is a Call Option?

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