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

Midwich Group (LON:MIDW)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a report released on Tuesday,Digital Look reports. They presently have a GBX 350 target price on the stock. Berenberg Bank’s target price suggests a potential upside of 151.63% from the company’s previous close.

Midwich Group Price Performance

Shares of LON MIDW opened at GBX 139.09 on Tuesday. The firm has a market cap of £143.56 million, a P/E ratio of -6.35 and a beta of 0.41. Midwich Group has a twelve month low of GBX 125.20 and a twelve month 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. The company has a 50 day moving average of GBX 138.81 and a 200 day moving average of GBX 164.20.

About Midwich Group

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.