Shearwater Group PLC 67.1% potential upside indicated by Berenberg Bank

Shearwater Group PLC with ticker (LON:SWG) now has a potential upside of 67.1% according to Berenberg Bank.



Berenberg Bank set a target price of 380 GBX for the company, which when compared to the Shearwater Group PLC share price of 125 GBX at opening today (09/08/2022) indicates a potential upside of 67.1%. Trading has ranged between 70 (52 week low) and 155 (52 week high) with an average of 41,632 shares exchanging hands daily. The market capitalisation at the time of writing is £29,891,665.

Shearwater Group plc is a United Kingdom-based company, which is primarily engaged in providing cyber security, managed security and professional advisory solutions to create an online environment for organizations and their end users. The Company operates through two segments: software and services. The Software segment designs and builds software to enable its clients to secure their corporate environments and helps make them compliant with applicable regulations. The Services segment is focused on delivering the Company’s managed security and cyber solutions, testing, advisory and consultancy offerings, as well as its strategic third-party partners’ technical solutions. The Company provides services to its clients in approximately 46 countries globally. Its wholly owned subsidiaries include Shearwater Subco Limited, SecurEnvoy Limited, GeoLang Holdings Limited, Brookcourt Solutions Limited, Pentest Limited and Primavera (Jersey) Limited.