Team Internet Group (LON:TIG) Earns Buy Rating from Berenberg Bank

Team Internet Group (LON:TIG)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report released on Monday,Digital Look reports. They presently have a GBX 90 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 105.48% from the company’s current price.

Team Internet Group Stock Performance

Team Internet Group stock opened at GBX 43.80 on Monday. The business’s 50-day simple moving average is GBX 41.75 and its 200-day simple moving average is GBX 42.25. The firm has a market capitalization of £109.56 million, a PE ratio of 5.08 and a beta of 0.49. Team Internet Group has a 52 week low of GBX 31 and a 52 week 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.