Team Internet Group (LON:TIG) Receives “Buy” Rating from Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 90 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 105.48% from the company’s current price.

Team Internet Group Price Performance

Shares of Team Internet Group stock opened at GBX 43.80 on Monday. Team Internet Group has a fifty-two week low of GBX 31 and a fifty-two week high of GBX 65. The firm has a market capitalization of £109.56 million, a P/E ratio of 5.08 and a beta of 0.49. The company’s 50 day moving average price is GBX 41.75 and its two-hundred day moving average price is GBX 42.25.

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. 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.