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Bytes Technology Group Plc (GB:BYIT)
LSE:BYIT
RESEARCH TOOLSreports
Holding GB:BYIT?
Track your performance easily
See the Price Targets and Ratings of:
BYIT Analyst Ratings
Strong Buy
3 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BYIT Stock 12 Month Forecast
Average Price Target
551.67p
▲(20.29% Upside)
| Highest Price Target640.00p | Average Price Target551.67p | Lowest Price Target500.00p |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Jefferies
Assigned
10/17/24
Deutsche Bank
Reiterated
05/24/24
Barclays
Reiterated
02/18/24
Redburn Atlantic
Initiated
11/17/23
Unknown Analyst
Not Ranked
Panmure Liberum
650p
Hold
41.74%
Upside
Initiated
02/22/24
Unknown Analyst
Not Ranked
HSBC
67,500p→625p
Buy
36.28%
Upside
Upgraded
04/22/24
HSBC Upgrades Bytes Technology Group PLC (BYIT:LN) to BuyThe analyst commented: "We expect Bytes to remain the fastest growing VAR reflecting its software exposure; yet, at the current share price, the market is pricing in a sharper slowdown. We upgrade Bytes to Buy (from Hold) with a revised TP of 625p (from 675p). Our scenario analysis shows more risks to the upside than downside for the sector."
―
Shore Capital
―
Buy
―
Reiterated
10/15/24
―
Berenberg Bank
―
Buy
―
Reiterated
10/16/24
―
UBS
―
Buy
―
Reiterated
10/16/24
UBS Reaffirms Their Buy Rating on Bytes Technology Group Plc (BYIT)
Best Analysts Covering Bytes Technology Group Plc
Which Analyst Should I Follow If I Want to Buy GB:BYIT and Sell After:
1 Month
xxx
Success Rate
2/4 ratings generated profit
Average Return
-7.07%
reiterated a xxx
rating 9 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of -7.07% per trade.
3 Months
xxx
Success Rate
0/4 ratings generated profit
Average Return
-8.43%
reiterated a xxx
rating 9 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of -8.43% per trade.
1 Year
Success Rate
2/4 ratings generated profit
Average Return
-3.38%
reiterated a buy rating 9 months ago
Copying James Zaremba's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -3.38% per trade.
2 Years
xxx
Success Rate
3/4 ratings generated profit
Average Return
+22.65%
reiterated a xxx
rating 9 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +22.65% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BYIT Analyst Recommendation Trends
Rating
Apr 24
May 24
Jul 24
Sep 24
Oct 24
Strong Buy
0
0
0
0
0
Buy
1
3
3
4
6
Hold
4
3
4
6
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
6
7
10
11
Each month's total comprises the sum of three months' worth of ratings.
BYIT Financial Forecast
BYIT Stock Forecast FAQ
What is GB:BYIT’s average 12-month price target, according to analysts?
Based on analyst ratings, Bytes Technology Group Plc’s 12-month average price target is 551.67p.
What is GB:BYIT’s upside potential, based on the analysts’ average price target?
Bytes Technology Group Plc has 20.29% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Bytes Technology Group Plc a Buy, Sell or Hold?
Bytes Technology Group Plc has a consensus rating of Strong Buy, which is based on 3 buy ratings, 1 hold ratings and 0 sell ratings.
What is Bytes Technology Group Plc’s share price target?
The average share price target for Bytes Technology Group Plc is 551.67p. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is 640.00p ,and the lowest forecast is 500.00p. The average share price target represents 20.29% Increase from the current price of 458.6p.
The highest analyst share price target is 640.00p ,and the lowest forecast is 500.00p. The average share price target represents 20.29% Increase from the current price of 458.6p.
What do analysts say about Bytes Technology Group Plc?
Bytes Technology Group Plc’s analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of Bytes Technology Group Plc?
To buy shares of GB:BYIT, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.