Midwich Group (LON:MIDW) Earns “Buy” Rating from Berenberg Bank

Midwich Group (LON:MIDW)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 350 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 90.79% from the company’s previous close.

Midwich Group Price Performance

Shares of Midwich Group stock opened at GBX 183.45 on Tuesday. Midwich Group has a 52 week low of GBX 153 and a 52 week high of GBX 285. The company has a quick ratio of 0.78, a current ratio of 1.44 and a debt-to-equity ratio of 105.39. The stock’s 50-day simple moving average is GBX 176.56 and its 200-day simple moving average is GBX 192.65. The company has a market capitalization of £188.52 million, a price-to-earnings ratio of 28.53 and a beta of 0.66.

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.