Shares of Team Internet Group plc (LON:TIG – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 151.90 ($1.97) and traded as high as GBX 190.60 ($2.47). Team Internet Group shares last traded at GBX 186 ($2.41), with a volume of 119,339 shares.
Analysts Set New Price Targets
Separately, Berenberg Bank lifted their price objective on shares of Team Internet Group from GBX 185 ($2.40) to GBX 205 ($2.66) and gave the company a “buy” rating in a research note on Monday, May 13th.
View Our Latest Research Report on TIG
Team Internet Group Price Performance
About Team Internet Group
Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.
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