Team17 Group (LON:TM17) had its price objective increased by stock analysts at Liberum Capital from GBX 225 ($2.94) to GBX 255 ($3.33) in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s target price suggests a potential upside of 8.51% from the stock’s previous close.
Separately, Peel Hunt restated a “buy” rating on shares of Team17 Group in a research report on Friday, November 30th.
TM17 stock opened at GBX 235 ($3.07) on Tuesday. Team17 Group has a 1-year low of GBX 175 ($2.29) and a 1-year high of GBX 320.23 ($4.18). The firm has a market cap of $308.53 million and a price-to-earnings ratio of 3.08.
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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