Team Internet Group’s (TIG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Team Internet Group (LON:TIG) in a report published on Monday,Digital Look reports. They currently have a GBX 90 price objective on the stock.

Team Internet Group Stock Performance

TIG opened at GBX 42 on Monday. The firm’s 50-day simple moving average is GBX 42.07 and its 200-day simple moving average is GBX 42.11. Team Internet Group has a twelve month low of GBX 31 and a twelve month high of GBX 65. The firm has a market cap of £105.06 million, a price-to-earnings ratio of 4.87 and a beta of 0.49.

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.