Vitec Group plc with ticker (LON:VTC) now has a potential upside of 19.9% according to Berenberg Bank.
Berenberg Bank set a target price of 1,810 GBX for the company, which when compared to the Vitec Group plc share price of 1,450 GBX at opening today (25/11/2021) indicates a potential upside of 19.9%. Trading has ranged between 798 (52 week low) and 1,661 (52 week high) with an average of 23,597 shares exchanging hands daily. The market capitalisation at the time of writing is £670,929,118.
Vitec Group PLC is a United Kingdom-based company, which provides hardware products and software solutions to the content creation market. The Company’s operating divisions include Imaging Solutions, Production Solutions and Creative Solutions. The Company designs, manufactures and distributes high performance products and solutions including camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, light emitting diode (LED) lighting, mobile power, bags and motion control, audio capture and noise reduction equipment.
Vitec Group plc 19.9% potential upside indicated by Berenberg Bank
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- Written by: Anthony Fox
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