Team17 Group PLC -16.5% potential downside indicated by Jefferies

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Team17 Group PLC with ticker (LON:TM17) now has a potential downside of -16.5% according to Jefferies.



Jefferies set a target price of 230 GBX for the company, which when compared to the Team17 Group PLC share price of 276 GBX at opening today (26/04/2024) indicates a potential downside of -16.5%. Trading has ranged between 145 (52 week low) and 405 (52 week high) with an average of 277,170 shares exchanging hands daily. The market capitalisation at the time of writing is £386,598,236.

Team17 Group plc is a United Kingdom-based developer of independent (indie) premium video games. The Company operates through three segments: Games Label, Simulation, and Edutainment. The Games Label segment is engaged in developing and publishing video games for the digital and physical market. The Simulation segment is engaged in developing and publishing simulation games for the digital and physical market. The Edutainment segment is engaged in developing educational entertainment apps for children. Its games include Marauders; Blasphemous 2; King of the Castle; Worms W.M.D Mobilize; Killer Frequency; Summon Quest; DREDGE; Farmside; Marauders; The Knight Witch; Ship of Fools; Bravery and Greed; The Unliving; Honey, I Joined a Cult; Batora: Lost Haven; Sunday Gold; Moving Out 2; Thymesia; Sweet Transit, and Autopsy Simulator.



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    Team17 Group plc appoints Rashid Varachia as CFO and COO, following Mark Crawford's departure. Varachia brings extensive gaming and finance expertise.

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