Shore Capital analyst reiterated a Buy rating on Team17 Group today and set a price target of p400.00. The company’s shares closed last Monday at $3.40.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Team17 Group with a $5.63 average price target, which is a 65.59% upside from current levels. In a report released yesterday, RBC Capital also assigned a Buy rating to the stock with a p405.00 price target.
Based on Team17 Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $42.99 million and a net profit of $5.59 million. In comparison, last year the company earned a revenue of $44.71 million and had a GAAP net loss of $4.65 million
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