Brokerages Set Hyve Group Plc (LON:HYVE) Price Target at GBX 180

Shares of Hyve Group Plc (LON:HYVEGet Rating) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 180 ($2.20).

Separately, Citigroup reiterated a “buy” rating and set a GBX 210 ($2.57) price objective on shares of Hyve Group in a research note on Wednesday, May 25th.

Shares of HYVE stock opened at GBX 66.48 ($0.81) on Friday. The company has a debt-to-equity ratio of 66.87, a quick ratio of 0.36 and a current ratio of 0.63. Hyve Group has a one year low of GBX 43.86 ($0.54) and a one year high of GBX 145.96 ($1.79). The company’s 50-day simple moving average is GBX 79.64 and its 200-day simple moving average is GBX 84.88. The stock has a market capitalization of £193.87 million and a price-to-earnings ratio of -4.51.

About Hyve Group (Get Rating)

Hyve Group Plc engages in the organization of trade exhibitions, conferences, and related activities. It operates in the United Kingdom, Asia, Eastern and Southern Europe, Russia, the United States, and internationally. The company was formerly known as ITE Group plc and changed its name to Hyve Group Plc in September 2019.

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