Berenberg Bank Increases Team Internet Group (LON:TIG) Price Target to GBX 220

Team Internet Group (LON:TIG) had its price target upped by Berenberg Bank from GBX 205 ($2.62) to GBX 220 ($2.81) in a research report released on Monday, Marketbeat.com reports. They currently have a buy rating on the stock.

Team Internet Group Trading Down 0.3 %

LON:TIG opened at GBX 150 ($1.92) on Monday. Team Internet Group has a twelve month low of GBX 112.34 ($1.43) and a twelve month high of GBX 207.50 ($2.65). The company has a market cap of £375.21 million, a price-to-earnings ratio of 2,142.86 and a beta of 0.41. The stock has a fifty day simple moving average of GBX 185.52 and a 200-day simple moving average of GBX 160.19.

Team Internet Group Company Profile

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.