Team Internet Group PLC with ticker (LON:TIG) now has a potential upside of 54.9% according to Berenberg Bank.
Berenberg Bank set a target price of 180 GBX for the company, which when compared to the Team Internet Group PLC share price of 116 GBX at opening today (22/11/2023) indicates a potential upside of 54.9%. Trading has ranged between 107 (52 week low) and 160 (52 week high) with an average of 360,066 shares exchanging hands daily. The market capitalisation at the time of writing is £310,881,000.
Team Internet Group PLC, formerly CentralNic Group Plc, is a United Kingdom-based Internet solutions company, which operates in two markets. The Company develops its own software platforms for the global distribution of domain names. The Company offers a full-service suite of Online Marketing and Online Presence solutions. It enables its customers to cut through the digital noise and connect to products and services. Its Online Marketing solutions utilize advanced AI and machine learning to create consumer journeys that convert general interest media users into high-conviction online customers. Its Online Presence solutions offer domain and related Web services, merging technical to serve a global customer base of end users and suppliers. Its suite of products is powered by its online marketing and advertising tools, which allow its clients to monetize domains, optimize their digital marketing and connect.
Team Internet Group PLC 54.9% potential upside indicated by Berenberg Bank
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- Written by: Charlotte Edwards
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Team Internet Group Plc (LON:TIG) reports a 1% rise in gross revenue to USD 615.1m for the nine months ending 30 September 2024, highlighting resilience and growth.
Team Internet Group plc to release interim results for nine months ended September 2024, with a webinar for analysts on November 11th.
Team Internet Group Plc announces an interim dividend of 1.0 pence per share, payable on 4 October 2024, for shareholders registered by 30 August 2024.
Team Internet Group plc (LON:TIG) has showcased resilient growth in H1 2024, thriving amid economic challenges with a 4% rise in Adjusted EBITDA and strategic expansion.
