Berendsen’s “Hold” Rating Reaffirmed at Cantor Fitzgerald Europe (BRSN)
Berendsen (LON:BRSN)‘s stock had its “hold” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 900 ($14.77) price target on the stock. Cantor Fitzgerald Europe’s target price indicates a potential downside of 4.00% from the company’s current price.
Berendsen (LON:BRSN) traded up 0.75% during mid-day trading on Monday, hitting GBX 944.50. 35,772 shares of the company’s stock traded hands. 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.
A number of other analysts have also recently weighed in 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 equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 869.10 ($14.27).
Berendsen plc, formerly The Davis Service Group Plc, with its subsidiaries is engaged in the laundering and maintenance of textiles.
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