Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
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
Hold
0 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
520.00p
▲(9.70% Upside)
| Highest Price Target520.00p | Average Price Target520.00p | Lowest Price Target520.00p |
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
Reiterated
07/11/24
Deutsche Bank
5.85p→620p
Buy
30.80%
Upside
Reiterated
05/24/24
Bytes Technology Group PLC (BYIT:LN) PT Raised to GBP6.20 at Deutsche BankDeutsche Bank analyst Tintin Stormont raised the price target on Bytes Technology Group PLC (BYIT:LN) to GBP6.20 (from GBP5.85) while maintaining a Buy rating.
Redburn Atlantic
670p
Buy
41.35%
Upside
Initiated
11/17/23
Redburn-Atlantic Starts Bytes Technology Group PLC (BYIT:LN) at BuyRedburn-Atlantic analyst Alex Haissl initiates coverage on Bytes Technology Group PLC (BYIT:LN) with a Buy rating and a price target of GBP6.70.
Unknown Analyst
Not Ranked
HSBC
67,500p→625p
Buy
31.86%
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."
Unknown Analyst
Not Ranked
Peel Hunt
638p
Buy
34.60%
Upside
Reiterated
09/26/23
Unknown Analyst
Not Ranked
Panmure Liberum
650p
Hold
37.13%
Upside
Initiated
02/22/24
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 6 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 6 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
-2.67%
reiterated a buy rating 6 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 -2.67% per trade.
2 Years
xxx
Success Rate
3/4 ratings generated profit
Average Return
+21.38%
reiterated a xxx
rating 6 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 +21.38% 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
Feb 24
Mar 24
Apr 24
May 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
3
2
1
3
3
Hold
3
4
4
3
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
6
5
6
7
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 520.00p.
What is GB:BYIT’s upside potential, based on the analysts’ average price target?
Bytes Technology Group Plc has 9.70% 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 Hold, which is based on 0 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 520.00p. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is 520.00p ,and the lowest forecast is 520.00p. The average share price target represents 9.70% Increase from the current price of 474p.
The highest analyst share price target is 520.00p ,and the lowest forecast is 520.00p. The average share price target represents 9.70% Increase from the current price of 474p.
What do analysts say about Bytes Technology Group Plc?
Bytes Technology Group Plc’s analyst rating consensus is a Hold. This is based on the ratings of 1 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.