Berenberg Bank Raises Microlise Group (LON:SAAS) Price Target to GBX 210

Microlise Group (LON:SAAS) had its price objective hoisted by analysts at Berenberg Bank from GBX 170 ($2.10) to GBX 210 ($2.59) in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 26.13% from the stock’s current price.

Microlise Group Stock Performance

LON SAAS opened at GBX 166.50 ($2.06) on Tuesday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.08 and a current ratio of 1.24. The firm has a market cap of £193.06 million, a PE ratio of 16,995.00 and a beta of 0.37. Microlise Group has a one year low of GBX 88.04 ($1.09) and a one year high of GBX 178 ($2.20). The firm’s fifty day moving average is GBX 142.19 and its two-hundred day moving average is GBX 117.03.

Microlise Group Company Profile

Microlise Group plc provides transport management technology solutions. The company offers SaaS platform that digitizes the business processes of enterprise organizations running logistics operations. Its hardware and software technology solutions capture and analyze real-time transport and logistics data events to allow fleet operators to enhance across a range of key performance indicators, including operating efficiency, greenhouse gas emissions, and safety standards.