Videndum (LON:VID) Price Target Cut to GBX 450

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

Separately, Shore Capital cut shares of Videndum to a hold rating in a research note on Monday, March 11th.

Videndum Price Performance

VID stock opened at GBX 282 ($3.54) on Wednesday. The stock has a market capitalization of £265.64 million, a P/E ratio of -1,175.00 and a beta of 0.95. The firm has a 50-day simple moving average of GBX 297.46 and a 200-day simple moving average of GBX 316.32. 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).

Videndum Company Profile

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.