Team17 Group (TM17) Stock Forecast & Price Target

GBX 226.60

-8.40 (-3.57%)

(As of 09/6/2024 12:18 PM ET)

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Team17 Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Team17 Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for TM17.

Consensus Price Target

GBX 347.50

High Forecast	GBX 490
Average Forecast	GBX 347.50
Low Forecast	GBX 230

According to the 6 analysts' twelve-month price targets for Team17 Group, the average price target is GBX 347.50. The highest price target for TM17 is GBX 490, while the lowest price target for TM17 is GBX 230. The average price target represents a forecasted upside of 53.35% from the current price of GBX 226.60.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 347.50	GBX 347.50	GBX 343.33	GBX 546.67

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TM17 Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TM17 Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Team17 Group Stock vs. The Competition

Type	Team17 Group	Communication Services Companies
Consensus Rating Score	2.83	2.60
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/17/2024	Shore Capital 1 of 5 stars	Reiterated Rating	Buy
7/16/2024	Royal Bank of Canada 4 of 5 stars	Initiated Coverage	Outperform	GBX 360	+16.13%
5/3/2024	Citigroup 3 of 5 stars	Reiterated Rating	Buy
4/19/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 230	-6.74%
4/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	GBX 265 ➝ GBX 310	+21.62%
4/16/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 490	+94.44%
6/6/2023	Peel Hunt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 515	+46.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:12 PM ET.

TM17 Forecast - Frequently Asked Questions

What is Team17 Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Team17 Group is GBX 347.50, with a high forecast of GBX 490 and a low forecast of GBX 230.
Should I buy or sell Team17 Group stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Team17 Group in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TM17 shares.
Does Team17 Group's stock price have much upside?: According to analysts, Team17 Group's stock has a predicted upside of 30.70% based on their 12-month stock forecasts.
What analysts cover Team17 Group?: Team17 Group has been rated by research analysts at Royal Bank of Canada, and Shore Capital in the past 90 days.
Do Wall Street analysts like Team17 Group more than its competitors?: Analysts like Team17 Group more than other "communication services" companies. The consensus rating score for Team17 Group is 2.83 while the average consensus rating score for "communication services" companies is 2.60. Learn more on how TM17 compares to other companies.