Berendsen PLC (BRSN) Receives Consensus Rating of “Hold” from Brokerages
Shares of Berendsen PLC (LON:BRSN) have received an average rating of “Hold” from the ten ratings firms that are presently covering the stock. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,182.10 ($14.77).
Several equities research analysts recently weighed in on BRSN shares. Peel Hunt reiterated an “add” rating and set a GBX 1,246 ($15.57) price objective on shares of Berendsen PLC in a research note on Friday, July 29th. HSBC increased their price objective on shares of Berendsen PLC from GBX 1,230 ($15.37) to GBX 1,450 ($18.12) and gave the stock a “buy” rating in a research note on Monday, August 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,408 ($17.59) price objective on shares of Berendsen PLC in a research note on Monday, August 1st. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 1,330 ($16.62) price objective on shares of Berendsen PLC in a research note on Monday, August 8th. Finally, Barclays PLC lowered shares of Berendsen PLC to an “equal weight” rating and increased their price objective for the stock from GBX 1,235 ($15.43) to GBX 1,303 ($16.28) in a research note on Wednesday, August 17th.
In other Berendsen PLC news, insider Iain Ferguson bought 10,000 shares of Berendsen PLC stock in a transaction that occurred on Thursday, October 27th. The stock was purchased at an average cost of GBX 1,033 ($12.91) per share, for a total transaction of £103,300 ($129,060.47).
Shares of Berendsen PLC (LON:BRSN) traded down 0.44% during midday trading on Tuesday, hitting GBX 900.50. The stock had a trading volume of 574,188 shares. The firm has a 50 day moving average of GBX 1,103.97 and a 200-day moving average of GBX 1,204.33. Berendsen PLC has a one year low of GBX 889.50 and a one year high of GBX 1,371.00. The company’s market cap is GBX 1.54 billion.
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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