Berendsen PLC (BRSN) Given New GBX 1,004 Price Target at Peel Hunt
Berendsen PLC (LON:BRSN) had its price target lowered by Peel Hunt from GBX 1,316 ($16.44) to GBX 1,004 ($12.54) in a research report sent to investors on Wednesday. The firm currently has an add rating on the stock.
BRSN has been the topic of several other research reports. Credit Suisse Group AG decreased their price target on shares of Berendsen PLC from GBX 1,330 ($16.62) to GBX 1,200 ($14.99) and set an outperform rating on the stock in a research note on Wednesday, November 2nd. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 1,408 ($17.59) target price on shares of Berendsen PLC in a report on Friday, September 16th. Barclays PLC reduced their target price on shares of Berendsen PLC from GBX 1,303 ($16.28) to GBX 911 ($11.38) and set an equal weight rating on the stock in a report on Friday, October 28th. HSBC downgraded shares of Berendsen PLC to a hold rating and reduced their target price for the stock from GBX 1,450 ($18.12) to GBX 1,255 ($15.68) in a report on Friday, October 28th. Finally, Royal Bank Of Canada boosted their target price on shares of Berendsen PLC from GBX 1,200 ($14.99) to GBX 1,250 ($15.62) and gave the stock a sector perform rating in a report on Thursday, October 13th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 1,182.10 ($14.77).
Berendsen PLC (LON:BRSN) traded up 0.22% during mid-day trading on Wednesday, hitting GBX 907.00. 594,011 shares of the stock were exchanged. Berendsen PLC has a 52 week low of GBX 902.50 and a 52 week high of GBX 1,371.00. The company’s 50-day moving average price is GBX 1,135.77 and its 200 day moving average price is GBX 1,210.28. The firm’s market capitalization is GBX 1565.59 billion.
In related news, insider Iain Ferguson purchased 5,000 shares of the firm’s stock in a transaction on Friday, November 4th. The stock was acquired at an average price of GBX 940 ($11.74) per share, with a total value of £47,000 ($58,720.64).
Berendsen PLC Company Profile
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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