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

Videndum (LON:VID) had its target price reduced by Berenberg Bank from GBX 500 ($6.28) to GBX 450 ($5.65) in a research report sent to investors on Wednesday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

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

Videndum Stock Down 1.2 %

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

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.