Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTeam17 Group Share News (TM17)

Share Price Information for Team17 Group (TM17)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 700.00
Bid: 700.00
Ask: 710.00
Change: -10.00 (-1.41%)
Spread: 10.00 (1.43%)
Open: 715.00
High: 715.00
Low: 700.00
Yest. Close: 710.00
TM17 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Liberum hikes target price on Team17

Fri, 11th Sep 2020 12:31

(Sharecast News) - Analysts at Liberum raised their target price on video games developer Team17 from 500.0p to 750.0p on Friday, stating the firm was "moving up".
Liberum said Team17 had, unsurprisingly, enjoyed some "very strong" first-half trading, which drove major upgrades to its earnings forecasts and target price.

"We had already expected a much stronger H2 for Team17 given the release schedule, so in effect, we are upgrading our FY20 revenue forecast (from £68m to £79m) to largely capture the supernormal playing activity and resulting revenues during lockdown," said Liberum.

The investment bank stated that Team17's planned release of eight games in the second half of the year and a record number of games being greenlit so far this year highlighted the group's "firmly underpinned medium-term growth outlook".

"We retain a view that investors should be overweight the gaming subsector and Team17 is a stock to add to on any weakness," said the analysts.

More News

CORRECT: BROKER RATINGS: Buy Smurfit Kappa and DS Smith - Berenberg

CORRECT: BROKER RATINGS: Buy Smurfit Kappa and DS Smith - Berenberg

18 Mar 21 16:03

BROKER RATINGS: Buy Smurfit Kappa and DS Smith, hold Mondi - Berenberg

BROKER RATINGS: Buy Smurfit Kappa and DS Smith, hold Mondi - Berenberg

17 Mar 21 09:37

TRADING UPDATES: BioPharma Credit sees third year of consistent returns

TRADING UPDATES: BioPharma Credit sees third year of consistent returns

16 Mar 21 15:35

Games firm Team17 delivers record profit in year of staying home

(Sharecast News) - Video games developer and creative partner Team17 reported revenue growth of 34% in its unaudited final results on Tuesday, to £83m, underpinned by the release of a record number of titles for the company.

16 Mar 21 09:54

Thursday broker round-up

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

11 Mar 21 13:28

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

9 Mar 21 16:09

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

22 Jan 21 09:32

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

21 Jan 21 16:55

LONDON BROKER RATINGS SUMMARY: Jefferies Says Hold BP And Buy Shell

LONDON BROKER RATINGS SUMMARY: Jefferies Says Hold BP And Buy Shell

21 Jan 21 09:38

UK BROKER RATINGS SUMMARY: JPMorgan Lowers NatWest To Neutral

UK BROKER RATINGS SUMMARY: JPMorgan Lowers NatWest To Neutral

11 Dec 20 09:38

LONDON BRIEFING: Smart Meter Installer Calisen Gets GBP1.4 Billion Bid

LONDON BRIEFING: Smart Meter Installer Calisen Gets GBP1.4 Billion Bid

11 Dec 20 08:12

IN BRIEF: Team17 Launches First Game For Next Wave Of Consoles

IN BRIEF: Team17 Launches First Game For Next Wave Of Consoles

11 Nov 20 16:21

Team17 launching 'Overcooked' title on new Xbox, PlayStation

(Sharecast News) - Independent video games developer Team17 announced on Wednesday that 'Overcooked! All You Can Eat' has launched on Microsoft's new console platform, the 'Xbox Series XS', and would launch on the new Sony 'PlayStation 5' platform on 12 November.

11 Nov 20 13:10

Liberum hikes target price on Team17

(Sharecast News) - Analysts at Liberum raised their target price on video games developer Team17 from 500.0p to 750.0p on Friday, stating the firm was "moving up".

11 Sep 20 12:31

UK BROKER RATINGS SUMMARY: Berenberg Ups Rolls-Royce To Buy From Hold

UK BROKER RATINGS SUMMARY: Berenberg Ups Rolls-Royce To Buy From Hold

11 Sep 20 09:29

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.