Microlise Group (LON:SAAS) Given New GBX 210 Price Target at Berenberg Bank

Microlise Group (LON:SAAS) had its price objective lifted by analysts at Berenberg Bank from GBX 170 ($2.10) to GBX 210 ($2.59) in a note issued to investors on Tuesday, LSE.Co.UK reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 23.57% from the stock’s previous close.

Microlise Group Trading Up 2.1 %

LON SAAS traded up GBX 3.45 ($0.04) during mid-day trading on Tuesday, reaching GBX 169.95 ($2.10). 7,769 shares of the stock were exchanged, compared to its average volume of 96,134. The business’s fifty day simple moving average is GBX 142.19 and its 200 day simple moving average is GBX 117.03. The stock has a market capitalization of £197.06 million, a PE ratio of 16,580.00 and a beta of 0.37. Microlise Group has a 1-year low of GBX 88.04 ($1.09) and a 1-year high of GBX 178 ($2.20). The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.08 and a current ratio of 1.24.

Microlise Group Company Profile

Microlise Group plc provides transport management technology solutions. The company offers SaaS platform that digitizes the business processes of enterprise organizations running logistics operations. Its hardware and software technology solutions capture and analyze real-time transport and logistics data events to allow fleet operators to enhance across a range of key performance indicators, including operating efficiency, greenhouse gas emissions, and safety standards.