Videndum (LON:VID) Price Target Cut to GBX 450

Videndum (LON:VID) had its price target trimmed by Berenberg Bank from GBX 500 ($6.28) to GBX 450 ($5.65) in a research report released on Wednesday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Shore Capital lowered shares of Videndum to a hold rating in a report on Monday, March 11th.

Videndum Stock Down 1.2 %

Shares of LON:VID opened at GBX 281.50 ($3.54) on Wednesday. Videndum has a 52-week low of GBX 260 ($3.27) and a 52-week high of GBX 794 ($9.97). The company has a quick ratio of 0.68, a current ratio of 2.45 and a debt-to-equity ratio of 57.77. The business has a fifty day moving average of GBX 295.31 and a two-hundred day moving average of GBX 315.76. The stock has a market cap of £265.17 million, a P/E ratio of -1,172.92 and a beta of 0.95.

Videndum Company Profile

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.