Berenberg Bank Reaffirms Buy Rating for Midwich Group (LON:MIDW)

Midwich Group (LON:MIDW - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Berenberg Bank in a research note issued on Monday,Digital Look reports. They currently have a GBX 350 ($4.69) target price on the stock. Berenberg Bank's target price would indicate a potential upside of 65.88% from the company's current price.

Midwich Group Stock Up 1.9%

LON:MIDW opened at GBX 211 ($2.83) on Monday. The company has a market capitalization of £212.19 million, a price-to-earnings ratio of 9.38 and a beta of 0.66. Midwich Group has a one year low of GBX 164.51 ($2.21) and a one year high of GBX 366.45 ($4.92). The stock has a 50-day simple moving average of GBX 207.79 and a 200 day simple moving average of GBX 223.08. The company has a debt-to-equity ratio of 105.39, a quick ratio of 0.78 and a current ratio of 1.44.

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.

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