Equity Research: BMIT Technologies

The COVID-19 pandemic has created a profound shift in how people interact and world economies function. To this extent, while selective sectors were facing an unprecedented scenario with a notable liquidity squeeze, technology oriented businesses have found methods to hold steady and even thrive in a COVID-19 world.
Following the publication of the Group’s FY20 positive results, BMIT’s share price rallied to our previous price target of €0.53, factoring in the Group’s positive financial performance achieved throughout the pandemic. Click here to access the report.