Brokerages Set Bytes Technology Group plc (LON:BYIT) PT at £620.17

Posted by Stanley Muller on Aug 1st, 2026

Bytes Technology Group plc (LON:BYIT – Get Free Report) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is £620.17.

BYIT has been the topic of several analyst reports. UBS Group reissued a “neutral” rating and issued a GBX 305 target price on shares of Bytes Technology Group in a research note on Monday, May 11th. Jefferies Financial Group upped their price target on Bytes Technology Group from £3,200 to £3,700 and gave the company a “hold” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 390 price target on shares of Bytes Technology Group in a research report on Wednesday, May 13th. Finally, Berenberg Bank reduced their price objective on shares of Bytes Technology Group from GBX 390 to GBX 360 and set a “hold” rating on the stock in a research note on Wednesday, May 13th.

View Our Latest Analysis on Bytes Technology Group

Bytes Technology Group Stock Performance

BYIT stock opened at GBX 407.17 on Friday. The business’s fifty day moving average is GBX 387.03 and its 200-day moving average is GBX 337.75. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 2.44. The company has a market cap of £949.30 million, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.27 and a beta of 0.71. Bytes Technology Group has a twelve month low of GBX 232.92 and a twelve month high of GBX 431.60.

Bytes Technology Group (LON:BYIT – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported GBX 21.40 earnings per share (EPS) for the quarter. Bytes Technology Group had a return on equity of 64.69% and a net margin of 23.25%.The business had revenue of £220.56 million for the quarter. Equities research analysts forecast that Bytes Technology Group will post 11.3463262 EPS for the current year.

Insider Buying and Selling at Bytes Technology Group

In other news, insider Gavin Rochussen purchased 100,000 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was bought at an average price of GBX 416 per share, with a total value of £416,000. Also, insider Sam Mudd bought 25,000 shares of the firm’s stock in a transaction on Monday, July 13th. The stock was acquired at an average cost of GBX 413 per share, with a total value of £103,250. Company insiders own 3.28% of the company’s stock.

Bytes Technology Group Company Profile

(Get Free Report)

BTG is one of the UK and Ireland’s leading software, security, AI and cloud services specialists. With a team of more than 1,200 talented people, it serves around 6,000 customers in the corporate and public sectors, building lasting, trust-based relationships to help organisations get the most from the latest transformative technologies shaping our world.

As a value-added reseller, BTG works hand in hand with more than 100 of the world’s biggest vendors who make or distribute the software, hardware and other IT products that it provides to its customers.