Share on StockTwits

Berendsen (LON:BRSN)‘s stock had its “hold” rating reiterated by equities researchers at Cantor Fitzgerald Europe in a research report issued on Monday, American Banking & Market News reports. They currently have a GBX 900 ($14.77) price objective on the stock. Cantor Fitzgerald Europe’s price target would suggest a potential downside of 4.00% from the stock’s previous close.

A number of other firms have also recently commented on BRSN. Analysts at Peel Hunt upgraded shares of Berendsen to a “buy” rating in a research note to investors on Thursday. Separately, analysts at Panmure Gordon raised their price target on shares of Berendsen from GBX 761 ($12.49) to GBX 917 ($15.05) in a research note to investors on Wednesday, December 18th. They now have a “hold” rating on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Berendsen in a research note to investors on Tuesday, December 17th. They now have a GBX 1,100 ($18.06) price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. Berendsen currently has a consensus rating of “Hold” and an average price target of GBX 869.10 ($14.27).

Shares of Berendsen (LON:BRSN) opened at 943.5001 on Monday. Berendsen has a one year low of GBX 598.00 and a one year high of GBX 988.50. The stock has a 50-day moving average of GBX 925.2 and a 200-day moving average of GBX 895.4.

Berendsen plc, formerly The Davis Service Group Plc, with its subsidiaries is engaged in the laundering and maintenance of textiles.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.