IDOX plc 24.2% potential upside indicated by Canaccord Genuity

IDOX plc with ticker (LON:IDOX) now has a potential upside of 24.2% according to Canaccord Genuity.



Canaccord Genuity set a target price of 80 GBX for the company, which when compared to the IDOX plc share price of 64 GBX at opening today (16/02/2024) indicates a potential upside of 24.2%. Trading has ranged between 60 (52 week low) and 71 (52 week high) with an average of 541,695 shares exchanging hands daily. The market capitalisation at the time of writing is £283,589,926.

Idox plc is a United Kingdom-based supplier of specialist information management software and solutions to the public and asset intensive sectors. The Company operates through three segments: Land Property & Public Protection (LPPP), Assets, and Communities (COMM). Its LPPP segment delivers specialist information management solutions and services to the public sector. The Company’s Assets segment delivers engineering document management and control solutions to asset intensive industry sectors. Its COMM segment delivers software solutions to clients with social value running through their core. Its solutions include regulatory services, engineering information management, computer aided facility management (CAFM), public protection, electoral services, social care and special educational needs and disabilities (SEND), sexual health management, funding and information services, transport network management, hospital asset tracking and records management, and address data solutions.