Team Internet Group (LON:TIG) Given Buy Rating at Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report issued on Monday, Digital Look reports. They currently have a GBX 90 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 112.51% from the stock’s current price.

Team Internet Group Stock Up 0.8%

Shares of TIG opened at GBX 42.35 on Monday. The stock’s fifty day simple moving average is GBX 43.91 and its 200-day simple moving average is GBX 40.88. The firm has a market capitalization of £102.19 million, a PE ratio of -1.65 and a beta of 0.47. Team Internet Group has a 12-month low of GBX 31 and a 12-month high of GBX 65.

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. The Online Marketing segment offers privacy-safe AI-based customer journeys that help online consumers make informed choices. It also sells domain names to registrants and license registry management platform.