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Bytes Technology Group - BYIT Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: GBX 645
  • Forecasted Upside: 36.42%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
GBX 472.80 As of 10/30/2024 01:42 PM ET
▲ +4.4 (0.94%)

This chart shows the closing price for BYIT by one month, three months, or twelve months.

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Analyst Price Target for BYIT

Analyst Price Target is GBX 645
▲ +36.42% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Bytes Technology Group in the last 3 months. The average price target is GBX 645, with a high forecast of GBX 650 and a low forecast of GBX 640. The average price target represents a 36.42% upside from the last price of GBX 472.80.

This chart shows the closing price for BYIT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 polled investment analysts is to moderate buy stock in Bytes Technology Group. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/15/2024Berenberg BankReiterated RatingBuyGBX 640
10/15/2024Shore CapitalReiterated RatingBuy
10/8/2024Shore CapitalReiterated RatingHouse Stock
9/19/2024Shore CapitalReiterated RatingBuy
2/22/2024Panmure GordonInitiated CoverageHoldGBX 650
9/26/2023Peel HuntReiterated RatingBuyGBX 638
5/24/2023BarclaysReiterated RatingOverweightGBX 640
5/23/2023Peel HuntReiterated RatingBuyGBX 489
3/24/2023Jefferies Financial GroupReiterated RatingBuyGBX 480
10/28/2022BarclaysReiterated RatingOverweightGBX 640
10/28/2022Berenberg BankReiterated RatingBuyGBX 500
10/6/2022BarclaysReiterated RatingOverweightGBX 640
5/26/2022Berenberg BankLower TargetBuyGBX 650 ➝ GBX 500
5/24/2022BarclaysReiterated RatingOverweightGBX 640
3/28/2022Berenberg BankReiterated RatingBuyGBX 650
3/15/2022Berenberg BankReiterated RatingBuy
2/25/2022Berenberg BankReiterated RatingBuyGBX 650
2/16/2022BarclaysInitiated CoverageOverweightGBX 640
11/12/2021Berenberg BankInitiated CoverageBuyGBX 650
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.75 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Bytes Technology Group logo
Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.
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Today's Range

Now: GBX 472.80
Low: 462.80
High: 474.60

50 Day Range

MA: GBX 484.92
Low: 445
High: 527.58

52 Week Range

Now: GBX 472.80
Low: 433.80
High: 665

Volume

175,522 shs

Average Volume

859,613 shs

Market Capitalization

£1.14 billion

P/E Ratio

2,488.42

Dividend Yield

1.72%

Beta

0.65

Frequently Asked Questions

What sell-side analysts currently cover shares of Bytes Technology Group?

The following Wall Street analysts have issued research reports on Bytes Technology Group in the last year: Berenberg Bank, Panmure Gordon, and Shore Capital.
View the latest analyst ratings for BYIT.

What is the current price target for Bytes Technology Group?

2 Wall Street analysts have set twelve-month price targets for Bytes Technology Group in the last year. Their average twelve-month price target is GBX 645, suggesting a possible upside of 36.4%. Panmure Gordon has the highest price target set, predicting BYIT will reach GBX 650 in the next twelve months. Berenberg Bank has the lowest price target set, forecasting a price of GBX 640 for Bytes Technology Group in the next year.
View the latest price targets for BYIT.

What is the current consensus analyst rating for Bytes Technology Group?

Bytes Technology Group currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BYIT.

What other companies compete with Bytes Technology Group?

Other companies that are similar to Bytes Technology Group include Darktrace, Network International, Spirent Communications, W.A.G payment solutions and PayPoint. Learn More about companies similar to Bytes Technology Group.

How do I contact Bytes Technology Group's investor relations team?

Bytes Technology Group's physical mailing address is Bytes House, Randalls Way, Leatherhead KT22 7TW, United Kingdom. The company's listed phone number is 44 1372 418 500. The official website for Bytes Technology Group is www.bytes.co.uk. Learn More about contacing Bytes Technology Group investor relations.