IDOX plc 16.9% potential upside indicated by Canaccord Genuity

IDOX plc with ticker (LON:IDOX) now has a potential upside of 16.9% according to Canaccord Genuity.



Canaccord Genuity set a target price of 78 GBX for the company, which when compared to the IDOX plc share price of 65 GBX at opening today (23/03/2022) indicates a potential upside of 16.9%. Trading has ranged between 58 (52 week low) and 82 (52 week high) with an average of 309,694 shares exchanging hands daily. The market capitalisation at the time of writing is £289,107,558.

Idox plc is a supplier of specialist information management software and solutions to the public and asset intensive sectors. The Company operates primarily in the United Kingdom, the United States of America, Europe and Australia. The Company provides applications to the United Kingdom local government for core functions relating to land, people and property, including planning systems and election management software. The Company’s segments include Public Sector Software (PSS) and Engineering Information Management (EIM). PSS segment delivers specialist information management solutions and services to the public sector. The EIM segment delivers engineering document management and control solutions to asset intensive industry sectors, such as oil and gas, architecture and construction, mining, utilities, pharmaceuticals and transportation.