Midwich Group (LON:MIDW) Given Buy Rating at Berenberg Bank

Midwich Group (LON:MIDW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 350 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 151.63% from the stock’s current price.

Midwich Group Price Performance

Shares of Midwich Group stock opened at GBX 139.09 on Tuesday. The company has a market cap of £143.56 million, a PE ratio of -6.35 and a beta of 0.41. The business has a 50 day moving average of GBX 138.81 and a 200 day moving average of GBX 164.20. Midwich Group has a 52 week low of GBX 125.20 and a 52 week high of GBX 250. The company has a quick ratio of 0.78, a current ratio of 1.55 and a debt-to-equity ratio of 125.60.

Midwich Group Company Profile

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.