Videndum (LON:VID) PT Lowered to GBX 450

Videndum (LON:VID) had its price objective reduced by equities researchers at Berenberg Bank from GBX 500 ($6.28) to GBX 450 ($5.65) in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 57.89% from the stock’s current price.

Separately, Shore Capital lowered shares of Videndum to a “hold” rating in a research note on Monday, March 11th.

Videndum Trading Up 1.1 %

Shares of VID stock opened at GBX 285 ($3.58) on Wednesday. The company has a debt-to-equity ratio of 57.77, a current ratio of 2.45 and a quick ratio of 0.68. The firm has a market cap of £268.47 million, a PE ratio of -1,187.50 and a beta of 0.95. The company has a 50-day moving average of GBX 296.44 and a two-hundred day moving average of GBX 316.10. Videndum has a 1-year low of GBX 260 ($3.27) and a 1-year high of GBX 794 ($9.97).

About Videndum

Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three segments: Media Solutions, Production Solutions, and Creative Solutions.