Berenberg Bank reiterated their buy rating on shares of Midwich Group (LON:MIDW – Free Report) in a research report sent to investors on Tuesday morning,Digital Look reports. The firm currently has a GBX 350 price target on the stock.
Midwich Group Trading Up 12.8%
MIDW opened at GBX 145 on Tuesday. The firm has a 50 day simple moving average of GBX 138.77 and a 200 day simple moving average of GBX 163.91. Midwich Group has a fifty-two week low of GBX 125.20 and a fifty-two week high of GBX 250. The company has a market cap of £149.65 million, a price-to-earnings ratio of -6.61 and a beta of 0.41. The company has a debt-to-equity ratio of 125.60, a current ratio of 1.55 and a quick ratio of 0.78.
About Midwich Group
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.
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