Videndum (LON:VID) Price Target Lowered to GBX 450 at Berenberg Bank

Videndum (LON:VID) had its price target decreased by Berenberg Bank from GBX 500 ($6.28) to GBX 450 ($5.65) in a research note published on Wednesday, MarketBeat reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Shore Capital downgraded shares of Videndum to a hold rating in a report on Monday, March 11th.

Videndum Price Performance

Shares of LON VID opened at GBX 281.50 ($3.54) on Wednesday. The firm has a 50-day simple moving average of GBX 295.31 and a 200-day simple moving average of GBX 315.65. The company has a quick ratio of 0.68, a current ratio of 2.45 and a debt-to-equity ratio of 57.77. The stock has a market capitalization of £265.17 million, a price-to-earnings ratio of -1,172.92 and a beta of 0.95. Videndum has a 52 week low of GBX 260 ($3.27) and a 52 week high of GBX 794 ($9.97).

About Videndum

Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three segments: Media Solutions, Production Solutions, and Creative Solutions.