Midwich Group PLC 35.1% potential upside indicated by Berenberg Bank

Midwich Group PLC with ticker (LON:MIDW) now has a potential upside of 35.1% according to Berenberg Bank.



Berenberg Bank set a target price of 780 GBX for the company, which when compared to the Midwich Group PLC share price of 506 GBX at opening today (09/03/2022) indicates a potential upside of 35.1%. Trading has ranged between 420 (52 week low) and 700 (52 week high) with an average of 68,714 shares exchanging hands daily. The market capitalisation at the time of writing is £443,678,000.

Midwich Group plc is a United Kingdom-based company that is focused on providing audiovisual (AV) and distributing services to the trade market with global operations covering EMEA, North America and the Asia Pacific. The Company’s segments include United Kingdom and Ireland, Europe, the Middle East and Africa ( EMEA), Asia-Pacific (APAC) and North America. The Company provides a portfolio of audiovisual categories, such as large format displays, projectors, digital signage and professional audio. The Company’s brands include Absen LED, BARCO, biamp., BrightSign, EPSON, HARMAN, Legrand, LG, Logitech, SONY, SHARP, NEC, PHILIPS, poly, SHURE, SMART, SONOS, SAMSUNG, peerless-AV and Panasonic. The Company serves AV integrators and information technology (IT) resellers in corporate, education, retail, residential and hospitality sectors.