Highlights

  • Consensus rating of Buy from 1 analysts: 1 Buy or equivalent, 0 Hold, 0 Sell or equivalent.
  • Mean price target of A$3.10 against a share price of A$2.33 on 8 October 2026, an implied upside of 33.0%.
  • Analyst targets range from A$3.10 to A$3.10.
  • IVE Group (ASX:IGL) announced on 21 September 2026 that it has entered into a binding Scheme Implementation Deed to acquire 100% of Motio Limited (ASX:MXO) for cash consideration of $0.06 per Motio share by way of a members' scheme of arrangement and $0.006 per Motio option by way of a creditors' scheme of arrangement, subject to conditions.

IVE Group (ASX:IGL) carries a consensus analyst rating of Buy. Of the 1 analyst recommendations recorded, 1 is Buy or equivalent, 0 are Hold and 0 are Sell or equivalent. The mean price target is A$3.10, with targets ranging from A$3.10 to A$3.10, against a current share price of A$2.33 (8 October 2026). IVE Group Limited is an Australian Marketing and communications group that is expanding into digital out of home media. The consensus data covers a single analyst recommendation.

Company name

IVE Group

Ticker

(ASX:IGL)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$2.33

Price date

8 October 2026

Number of analysts

1

Rating consensus

Buy

Consensus price target (mean)

A$3.10

Highest target

A$3.10

Lowest target

A$3.10

Implied upside/downside to mean target

Implied upside of 33.0%

Latest developments

IVE Group (ASX:IGL) announced on 21 September 2026 that it has entered into a binding Scheme Implementation Deed to acquire 100% of Motio Limited (ASX:MXO) for cash consideration of $0.06 per Motio share by way of a members' scheme of arrangement and $0.006 per Motio option by way of a creditors' scheme of arrangement, subject to conditions.

Motio is a digital place-based out of home media company with over 1,300 digital screens around Australia. It generated FY26 Revenue from continuing operations of $9.2 million, up 8%, and cash EBITDA of $2.5 million, up 31%, at a Margin of about 27%, and it is debt-free with net cash of about $3.9 million at 30 June 2026. The transaction values Motio at a fully diluted Equity value of about $20.7 million and an Enterprise value of about $16.7 million, an implied multiple of about 6.7 times FY26 EBITDA.

The Motio Board has unanimously recommended that shareholders vote in favour of the schemes, and each Motio director has confirmed an intention to vote their shares in favour. The schemes are not subject to regulatory approvals or a financing condition, and the consideration will be funded from IVE's existing Debt facility. IVE expects the Acquisition to contribute positively to Earnings in FY27, before synergies and one-off transaction costs, and to be EPS accretive, consistent with its 2030 strategy to broaden into adjacencies including retail media.

Sector context

The company describes out of home as one of the fastest growing media channels and says the acquisition extends its offering into retail media adjacencies and cross-selling opportunities. Digital place-based media earns revenue from Advertising on screen networks.

Risks and what to watch

The acquisition is subject to a Motio Shareholder vote, court approval and other conditions of the schemes. Motio is small, with revenue of $9.2 million, so its contribution to IVE is modest. The consideration is funded by debt, and benefits expected in FY27 are stated before synergies and transaction costs. The consensus data reflects a single analyst.

Next milestones

Items to watch include the Motio shareholder and court processes, completion of the schemes, integration of the 1,300 digital screens, and IVE's disclosure of earnings contributions in FY27.