Team Internet Group PLC 36.1% potential upside indicated by Berenberg Bank

Team Internet Group PLC with ticker (LON:TIG) now has a potential upside of 36.1% according to Berenberg Bank.

TIG.L

Berenberg Bank set a target price of 220 GBX for the company, which when compared to the Team Internet Group PLC share price of 162 GBX at opening today (13/08/2024) indicates a potential upside of 36.1%. Trading has ranged between 112 (52 week low) and 208 (52 week high) with an average of 372,550 shares exchanging hands daily. The market capitalisation at the time of writing is £492,071,000.

Team Internet Group PLC is a United Kingdom-based Internet solutions company. The Company operates in two markets: digital advertising (Online Marketing segment) and domain name management solutions (Online Presence segment). The Company’s Online Marketing segment creates privacy-safe and AI-generated online consumer journeys that convert general interested online media users into confident high conviction consumers through advertorial and review Websites. The Online Presence segment is a critical constituent of the global online presence and productivity tool ecosystem, where the Company serves as the primary distribution channel for a wide range of digital products. The Company creates connections from businesses to domains, brands to consumers, publishers to advertisers, enabling everyone to realize their digital ambitions. It has a robust platform addressing the awareness stage of the advertising funnel, complementing its existing offerings, TONIC and VGL.