Hyve Group PLC 35.3% potential upside indicated by Numis

Broker Ratings

Hyve Group PLC with ticker (LON:HYVE) now has a potential upside of 35.3% according to Numis.

Numis set a target price of 125 GBX for the company, which when compared to the Hyve Group PLC share price of 81 GBX at opening today (14/02/2023) indicates a potential upside of 35.3%. Trading has ranged between 44 (52 week low) and 115 (52 week high) with an average of 739,541 shares exchanging hands daily. The market capitalisation at the time of writing is £226,377,504.

Hyve Group plc is engaged in the event business that operates through EdTech & Commodities, Retail, Engineering & Manufacturing, RetailTech & FinTech, Asia and Eastern & Southern Europe segments. The EdTech & Commodities division includes the Bett portfolio, Africa Oil Week, Mining Indaba and the acquired the Company events. The Retail, Engineering & Manufacturing division comprises the manufacturing and engineering portfolio and the United Kingdom retail portfolio, which comprises Spring and Autumn Fair, Glee and the United Kingdom fashion portfolio which includes Pure and Scoop. The RetailTech & FinTech division comprises the Shoptalk, Retail Meetup and Fintech Meetup brands. Shoptalk and Groceryshop are two United States-based e-commerce events company and are focused on the retail and grocery segments respectively. The Asia division includes the Company’s businesses in India and China. Eastern & Southern Europe division is comprised of the event portfolios in Turkey and Ukraine.

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