Berenberg Bank Reaffirms “Buy” Rating for Midwich Group (LON:MIDW)

Midwich Group (LON:MIDW)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Tuesday, MarketBeat reports. They presently have a GBX 350 target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 92.84% from the stock’s current price.

Midwich Group Stock Up 0.8%

MIDW stock opened at GBX 181.50 on Tuesday. Midwich Group has a one year low of GBX 153 and a one year high of GBX 284. The firm has a market cap of £186.52 million, a PE ratio of 28.23 and a beta of 0.66. The firm’s 50 day moving average price is GBX 177.29 and its 200-day moving average price is GBX 192.30. The company has a debt-to-equity ratio of 105.39, a quick ratio of 0.78 and a current ratio of 1.44.

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.