Berendsen PLC Receives “Outperform” Rating from Credit Suisse (BRSN)
Berendsen PLC (LON:BRSN)‘s stock had its “outperform” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 1,100 ($18.43) price target on the stock. Credit Suisse’s price target suggests a potential upside of 9.76% from the company’s current price.
Shares of Berendsen PLC (LON:BRSN) traded up 0.22% on Friday, hitting GBX 1002.221. 164,589 shares of the company’s stock traded hands. Berendsen PLC has a 52 week low of GBX 652.00 and a 52 week high of GBX 1011.00. The stock has a 50-day moving average of GBX 942. and a 200-day moving average of GBX 919.3.
A number of other analysts have also recently weighed in on BRSN. Analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Berendsen PLC in a research note on Monday. They now have a GBX 900 ($15.08) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Berendsen PLC in a research note on Wednesday, February 5th. Finally, analysts at RBC Capital upgraded shares of Berendsen PLC to an “outperform” rating in a research note on Tuesday, February 4th. They now have a GBX 1,000 ($16.76) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. Berendsen PLC has an average rating of “Buy” and a consensus price target of GBX 864.95 ($14.50).
Berendsen plc with its subsidiaries is engaged in the laundering and maintenance of textiles. The Company provides service solutions to source, clean and maintain the textiles that the customers need to keep their businesses running.
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