Berendsen Receives “Hold” Rating from Cantor Fitzgerald Europe (BRSN)
Berendsen (LON:BRSN)‘s stock had its “hold” rating reiterated by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Monday, Stock Ratings Network reports. They currently have a GBX 900 ($14.77) price objective on the stock. Cantor Fitzgerald Europe’s price objective suggests a potential downside of 4.71% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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 research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 869.10 ($14.27).
Berendsen (LON:BRSN) traded up 0.75% during mid-day trading on Monday, hitting GBX 944.50. The stock had a trading volume of 39,936 shares. 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 926.0 and a 200-day moving average of GBX 898.2.
Berendsen plc, formerly The Davis Service Group Plc, with its subsidiaries is engaged in the laundering and maintenance of textiles.
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