Berendsen PLC (BRSN) Price Target Raised to GBX 1,250
Berendsen PLC (LON:BRSN) had its price objective raised by equities research analysts at Royal Bank Of Canada from GBX 1,200 ($14.85) to GBX 1,250 ($15.47) in a research note issued to investors on Thursday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 1.88% from the company’s current price.
Several other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,408 ($17.43) price target on shares of Berendsen PLC in a research report on Monday, August 1st. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 1,393 ($17.24) price target on shares of Berendsen PLC in a research report on Monday, June 27th. HSBC upped their price target on shares of Berendsen PLC from GBX 1,230 ($15.22) to GBX 1,450 ($17.95) and gave the company a “buy” rating in a research report on Monday, August 1st. Peel Hunt restated an “add” rating and issued a GBX 1,246 ($15.42) price target on shares of Berendsen PLC in a research report on Friday, July 29th. Finally, Barclays PLC downgraded shares of Berendsen PLC to an “equal weight” rating and upped their price target for the company from GBX 1,235 ($15.28) to GBX 1,303 ($16.13) in a research report on Wednesday, August 17th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,291.20 ($15.98).
Shares of Berendsen PLC (LON:BRSN) traded up 0.16% during mid-day trading on Thursday, reaching GBX 1276.00. 111,387 shares of the company were exchanged. The company’s market capitalization is GBX 2.18 billion. Berendsen PLC has a 12 month low of GBX 991.00 and a 12 month high of GBX 1,371.00. The firm’s 50-day moving average is GBX 1,253.36 and its 200-day moving average is GBX 1,230.25.
The firm also recently declared a dividend, which was paid on Friday, October 7th. Stockholders of record on Thursday, September 8th were paid a dividend of GBX 10.50 ($0.13) per share. The ex-dividend date was Thursday, September 8th. This represents a dividend yield of 0.82%.
About Berendsen PLC
Berendsen plc is a United Kingdom-based company, which is engaged in textile service business. The Company develops and provides textile, hygiene and safety solutions. The Company operates through segments: Workwear, Facility, UK Flat Linen, Flat Linen outside the UK, and Clinical Solutions and Decontamination.
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