# Iomart Group Plc 43.9% potential upside indicated by Deutsche

- Link: https://www.directorstalkinterviews.com/iomart-group-plc-43.9-potential-upside-indicated-by-deutsche/4121163362
- Published: 2024-07-01T13:27:38+01:00
- Author: Charlotte Edwards

**Iomart Group Plc** with ticker (LON:IOM) now has a potential upside of 43.9% according
to Deutsche.
IOM.LDeutsche set a target price of 185 GBX for the company, which 
when compared to the Iomart Group Plc share price of 129 GBX at opening today (01/
07/2024) indicates a potential upside of 43.9%. Trading has ranged between 122 (
52 week low) and 194 (52 week high) with an average of 59,372 shares exchanging 
hands daily. The market capitalisation at the time of writing is £143,841,053.iomart
group PLC is a United Kingdom-based cloud computing company. The Company operates
as a cloud computing and information technology (IT) managed services business that
is engaged in providing hybrid cloud infrastructure, network connectivity, security,
and digital workplace capability. The Company operates through two segments: Cloud
Services and Easyspace. Its Cloud Services segment provides managed cloud computing
facilities and services, through a network of owned data centers, to small and medium
enterprises (SME) and corporate markets. The segment uses several routes to market,
including iomart Cloud, Infrastructure as a Service (IaaS), Rapidswitch, Cristie
Data, Sonassi, LDeX, Bytemark, Memset, ORIIUM, Pavilion IT and P2. Its Easyspace
segment provides a range of shared hosting and domain registration services to micro
and SME companies. Its solutions include cloud services, data management, secure
connectivity, digital workplace, cyber security, and consulting.

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