Berendsen PLC Rating Reiterated by JPMorgan Chase & Co. (BRSN)
Berendsen PLC (LON:BRSN)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a research note issued on Friday. They currently have a GBX 1,105 ($18.29) price objective on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 1.38% from the stock’s previous close.
BRSN has been the subject of a number of other recent research reports. 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. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Berendsen PLC in a research note on Tuesday, July 29th. They now have a GBX 1,030 ($17.04) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of Berendsen PLC in a research note on Tuesday, July 8th. They now have a GBX 1,030 ($17.04) price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,048.60 ($17.35).
Shares of Berendsen PLC (LON:BRSN) opened at 1075.00 on Friday. Berendsen PLC has a 52-week low of GBX 859.00 and a 52-week high of GBX 1145.00. The stock has a 50-day moving average of GBX 1044. and a 200-day moving average of GBX 1031.. The company’s market cap is £1.824 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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