▲ +22.37% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for The SimplyBiz Group plc (SBIZ.L) in the last 3 months. The average price target is GBX 232.50, with a high forecast of GBX 250 and a low forecast of GBX 215. The average price target represents a 22.37% upside from the last price of GBX 190.
The current consensus among 2 polled investment analysts is to buy stock in The SimplyBiz Group plc (SBIZ.L).
The SimplyBiz Group plc provides regulatory, business support, and software services to professional financial advisers, financial intermediaries, and product providers operating within the retail financial services market in the United Kingdom. It operates in three segments: Intermediary Services, Distribution Channels, and Research & FinTech. The Intermediary Services segment offers compliance and regulation services to individual financial intermediary member firms, including directly authorized IFAs, directly authorized mortgage advisers, workplace consultants, and directly authorized consumer credit brokers, as well as employee benefit and additional support services. The Distribution Channels segment provides marketing and promotion, product paneling, and co-manufacturing services to financial institutions, as well as offers survey paneling and surveying works for mortgage lenders; investment products; and insurance panels and transaction services. The Research & FinTech segment operates a FinTech platform for approximately 9,000 users, across 3,300 firms, and provides independent ratings of 21,000 financial products and funds, licensed by 250 brands; data services for intermediaries and product providers; financial planning and research software; educational content to inform decision making; and market insight and analytics services. The company was founded in 2002 and is based in Huddersfield, the United Kingdom.