Midwich Group’s (MIDW) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Midwich Group (LON:MIDW) in a research report sent to investors on Tuesday morning,Digital Look reports. They currently have a GBX 350 price target on the stock.

Midwich Group Stock Performance

Shares of Midwich Group stock opened at GBX 152 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.78 and a debt-to-equity ratio of 132.80. The company has a market cap of £156.88 million, a PE ratio of -6.93 and a beta of 0.42. The company has a 50 day moving average of GBX 141.78 and a 200-day moving average of GBX 145.93. Midwich Group has a 1-year low of GBX 125.20 and a 1-year high of GBX 226.

Midwich Group (LON:MIDW) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported GBX 3.46 earnings per share (EPS) for the quarter. Midwich Group had a negative net margin of 1.26% and a negative return on equity of 10.30%. As a group, equities research analysts forecast that Midwich Group will post 36.9099991 earnings per share for the current fiscal year.

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.