# Bytes Technology Group PLC 32.1% potential upside indicated by Peel Hunt Limited

- Link: https://www.directorstalkinterviews.com/bytes-technology-group-plc-32.1-potential-upside-indicated-by-peel-hunt-limited/4121129078
- Published: 2023-10-10T12:08:31+01:00
- Author: Charlotte Edwards

**Bytes Technology Group PLC** with ticker (LON:BYIT) now has a potential upside
of 32.1% according to Peel Hunt Limited.
Peel Hunt Limited set a target price of
638 GBX for the company, which when compared to the Bytes Technology Group PLC share
price of 483 GBX at opening today (10/10/2023) indicates a potential upside of 32.1%.
Trading has ranged between 353 (52 week low) and 548 (52 week high) with an average
of 415,892 shares exchanging hands daily. The market capitalisation at the time 
of writing is £1,181,605,160.Bytes Technology Group plc is a United Kingdom-based
company that provides information technology (IT) software offerings and solutions,
with a focus on cloud and security products. The Company enables technology sourcing,
adoption, and management across software services, including in the areas of security
and cloud. It provides security, cloud management, software licensing, software 
asset management, data storage, training, consultancy services and information security
professional services & assurance testing. The Company comprises two brands: Bytes
Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services 
has a customer base that is made up of both private sector customers and public 
sector customers, whilst Phoenix’s focus is exclusively on public sector customers.
The Company provides support to a range of industries, including professional services,
manufacturing, retail, central and local government, and technology, media and telecommunications.

Share on: