Microlise Group PLC 31.3% potential upside indicated by Berenberg Bank

Microlise Group PLC with ticker (LON:SAAS) now has a potential upside of 31.3% according to Berenberg Bank.



Berenberg Bank set a target price of 210 GBX for the company, which when compared to the Microlise Group PLC share price of 160 GBX at opening today (03/05/2024) indicates a potential upside of 31.3%. Trading has ranged between 88 (52 week low) and 178 (52 week high) with an average of 44,134 shares exchanging hands daily. The market capitalisation at the time of writing is £179,832,097.

Microlise Group plc is a United Kingdom-based Software as a service (SaaS) technology provider of fleet management and industrial Internet of things solutions. With a range of products and services used by approximately 400 enterprise clients globally, the Company helps companies of all shapes and sizes, across a range of industries, to manage their entire logistics operation and products. Its fleet telematics products include fleet tracking, fleet utilization, driver performance, driver communications, trailer telematics and temperature monitoring. Its safety, health and compliance products include fleet safety management, multi-camera vehicle systems, tachograph management, bridge strike warning and vehicle health. Its journey management services include schedule management, route management, planning and optimization, customer communications, and workforce and resource management. Its delivery management products include electronic proof of delivery and sub-contractor management.