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

Peel Hunt reissued their buy rating on shares of Team17 Group (LON:TM17) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.

TM17 has been the subject of several other research reports. Liberum Capital reissued a buy rating on shares of Team17 Group in a research report on Monday, November 4th. Berenberg Bank restated a buy rating and set a GBX 375 ($4.90) price target (up from GBX 330 ($4.31)) on shares of Team17 Group in a report on Monday, November 4th.

Team17 Group stock traded down GBX 12.50 ($0.16) on Friday, hitting GBX 340 ($4.44). 106,324 shares of the stock traded hands. The firm has a market cap of $452.75 million and a P/E ratio of 26.77. The business’s fifty day simple moving average is GBX 319.66 and its 200 day simple moving average is GBX 284.42. Team17 Group has a 1 year low of GBX 175 ($2.29) and a 1 year high of GBX 338 ($4.42).

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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