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Bytes Technology Group - BYIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: GBX 586
  • Forecasted Upside: 8.52%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
GBX 540 As of 12/4/2023 07:21 AM ET
▼ -5.5 (-1.01%)

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 586
▲ +8.52% 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 586, with a high forecast of GBX 640 and a low forecast of GBX 480. The average price target represents a 8.52% upside from the last price of GBX 540.

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 Buy

The current consensus among 3 polled investment analysts is to buy stock in Bytes Technology Group. This 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
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2023

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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 12/4/2018 forward)

News Sentiment Rating

0.46 (Hold)

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
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2023

Current Sentiment

  • 0 very positive mentions
  • 3 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

  • No very positive mentions tracked during this time.
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 540
Low: 539.50
High: 560

50 Day Range

MA: GBX 506.92
Low: 452.80
High: 556.25

52 Week Range

Now: GBX 540
Low: 353.40
High: 564.50

Volume

19,140 shs

Average Volume

642,360 shs

Market Capitalization

£1.29 billion

P/E Ratio

3,000.00

Dividend Yield

1.42%

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: Barclays PLC, Jefferies Financial Group Inc., and Peel Hunt.
View the latest analyst ratings for BYIT.

What is the current price target for Bytes Technology Group?

3 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 586, suggesting a possible upside of 8.5%. Barclays PLC has the highest price target set, predicting BYIT will reach GBX 640 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of GBX 480 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 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BYIT will outperform the market and that investors should add to their positions of Bytes Technology Group.
View the latest ratings for BYIT.

What other companies compete with Bytes Technology Group?

Other companies that are similar to Bytes Technology Group include Spirent Communications, W.A.G payment solutions, Network International, Boku 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.