Mips AB logo

MIPS - Mips AB News Story

SEK378.6 2.8  0.8%

Last Trade - 10/08/20

Consumer Cyclicals
Mid Cap
Market Cap £862.1m
Enterprise Value £844.7m
Revenue £23.0m
Position in Universe 302nd / 1782

BUZZ-MIPS: Berenberg starts with "buy", sees co as market leader

Fri 17th January, 2020 10:36am
** Berenberg initiates Sweden's MIPS  MIPS.ST  with "buy",
saying it sees the company as the market leader in helmet-based
protection against rotational motion
    ** The broker says MIPS's strong patent portfolio and its
ability to prove the effectiveness of its products through
research and scientific testing are key to its leading market
    ** Berenberg says there is room for MIPS to double its
client base within its existing core markets
    ** Says it sees a compound annual growth rate for 2018-2022
sales of about 36%, driven by new customer wins and continued
cross-selling in its existing client portfolio
    ** Berenberg adds it expects MIPS to offer a dividend payout
ratio of over 50%, supported by high free cash flow generation

© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.