Team17 Group (TM17) Price Target Raised to GBX 255 at Liberum Capital

Team17 Group (LON:TM17) had its price objective raised by Liberum Capital from GBX 225 ($2.94) to GBX 255 ($3.33) in a research note issued to investors on Tuesday morning. They currently have a buy rating on the stock.

Separately, Peel Hunt reiterated a buy rating on shares of Team17 Group in a report on Monday.

Shares of LON:TM17 opened at GBX 233.10 ($3.05) 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 stock has a market cap of $305.25 million and a PE ratio of 3.06.

About Team17 Group

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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