Midwich Group PLC 38.0% potential upside indicated by Berenberg Bank

Midwich Group PLC with ticker (LON:MIDW) now has a potential upside of 38.0% 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 484 GBX at opening today (23/03/2023) indicates a potential upside of 38.0%. Trading has ranged between 400 (52 week low) and 694 (52 week high) with an average of 62,613 shares exchanging hands daily. The market capitalisation at the time of writing is £447,754,585.

Midwich Group plc is a United Kingdom-based company that is engaged in providing audiovisual (AV) and distribution services to the trade market. The Company’s segments include United Kingdom and Ireland; Europe, the Middle East and Africa (EMEA); Asia-Pacific, and North America. Its product portfolio across AV categories includes displays, projectors, technical AV, broadcast, professional audio, lighting and unified communications. 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, events, government, education, retail, hospitality, healthcare and residential markets.