Berendsen PLC Declares Dividend of GBX 9.50 (BRSN)
Berendsen PLC (LON:BRSN) announced a dividend on Friday, August 29th, Stock Ratings Network reports. Shareholders of record on Wednesday, September 10th will be paid a dividend of GBX 9.50 ($0.16) per share on Friday, October 10th. This represents a dividend yield of 0.89%. The ex-dividend date is Wednesday, September 10th. The official announcement can be accessed at this link.
BRSN has been the subject of a number of recent research reports. Analysts at Peel Hunt reiterated a “buy” rating on shares of Berendsen PLC in a research note on Friday. They now have a GBX 1,140 ($18.86) price target on the stock. On a related note, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Berendsen PLC in a research note on Friday. They now have a GBX 1,105 ($18.29) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Berendsen PLC in a research note on Friday, August 22nd. They now have a GBX 1,130 ($18.70) price target on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,056.91 ($17.49).
Shares of Berendsen PLC (LON:BRSN) traded down 2.11% during mid-day trading on Friday, hitting GBX 1067.00. The stock had a trading volume of 219,809 shares. Berendsen PLC has a 52-week low of GBX 860.50 and a 52-week high of GBX 1145.00. The stock has a 50-day moving average of GBX 1045. and a 200-day moving average of GBX 1031.. The company’s market cap is £1.811 billion.
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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