Berendsen PLC (BRSN) Price Target Raised to GBX 1,250
Berendsen PLC (LON:BRSN) had its price target upped by research analysts at Royal Bank Of Canada from GBX 1,200 ($14.85) to GBX 1,250 ($15.47) in a research report issued on Thursday. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential downside of 1.88% from the company’s current price.
A number of other research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,408 ($17.43) price objective on shares of Berendsen PLC in a report on Monday, August 1st. Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 1,393 ($17.24) price objective on shares of Berendsen PLC in a report on Monday, June 27th. HSBC boosted their price objective on shares of Berendsen PLC from GBX 1,230 ($15.22) to GBX 1,450 ($17.95) and gave the company a “buy” rating in a report on Monday, August 1st. Peel Hunt restated an “add” rating and set a GBX 1,246 ($15.42) price objective on shares of Berendsen PLC in a report on Friday, July 29th. Finally, Barclays PLC cut shares of Berendsen PLC to an “equal weight” rating and boosted their price objective for the company from GBX 1,235 ($15.28) to GBX 1,303 ($16.13) in a report on Wednesday, August 17th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 1,291.20 ($15.98).
Shares of Berendsen PLC (LON:BRSN) traded up 0.16% on Thursday, hitting GBX 1276.00. 111,387 shares of the stock traded hands. The firm’s 50 day moving average is GBX 1,253.36 and its 200 day moving average is GBX 1,230.25. Berendsen PLC has a 52 week low of GBX 991.00 and a 52 week high of GBX 1,371.00. The firm’s market capitalization is GBX 2.18 billion.
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The firm also recently disclosed a dividend, which was paid on Friday, October 7th. Stockholders of record on Thursday, September 8th were given a GBX 10.50 ($0.13) dividend. This represents a dividend yield of 0.82%. The ex-dividend date was Thursday, September 8th.
About Berendsen PLC
Berendsen plc is a United Kingdom-based company, which is engaged in textile service business. The Company develops and provides textile, hygiene and safety solutions. The Company operates through segments: Workwear, Facility, UK Flat Linen, Flat Linen outside the UK, and Clinical Solutions and Decontamination.
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