Microlise Group PLC 42.9% potential upside indicated by Berenberg Bank

Microlise Group PLC with ticker (LON:SAAS) now has a potential upside of 42.9% according to Berenberg Bank.



Berenberg Bank set a target price of 170 GBX for the company, which when compared to the Microlise Group PLC share price of 119 GBX at opening today (12/10/2023) indicates a potential upside of 42.9%. Trading has ranged between 98 (52 week low) and 180 (52 week high) with an average of 73,961 shares exchanging hands daily. The market capitalisation at the time of writing is £137,975,621.

Microlise Group plc (Microlise) is a United Kingdom-based provider of transport management software to fleet operators. The Company is delivering a globally enabled software as a solutions platform that digitizes the business processes of enterprise organizations running logistics operations. Microlise automates and optimizes critical processes, such as scheduling, routing, driver performance monitoring and resource allocation, while providing actionable real-time data. The Company designs, develops and manufactures of the hardware, firmware and applications that support its national and international customer base. The Company’s products include Fleet Telematics, Fleet Tracking, Fleet Utilization, Driver Performance, Driver Communications, Trailer Telematics, Fleet Safety Management, Multi-Camera Solution, Tachograph Management, Bridge Strike Warning, Vehicle Health, Journey Management, Schedule Management, Route Management, Planning & Optimization and Customer Communications.