Cantor Fitzgerald Europe Reiterates “Hold” Rating for Berendsen (BRSN)
Berendsen (LON:BRSN)‘s stock had its “hold” rating reaffirmed by research analysts at Cantor Fitzgerald Europe in a report released on Monday, AnalystRatings.Net reports. They currently have a GBX 900 ($14.77) target price on the stock. Cantor Fitzgerald Europe’s target price would suggest a potential downside of 4.71% from the company’s current price.
Berendsen (LON:BRSN) traded up 0.75% on Monday, hitting GBX 944.50. 39,936 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’s 50-day moving average is GBX 926.0 and its 200-day moving average is GBX 898.2.
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 equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus 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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