Berendsen PLC (LON:BRSN) had its target price hoisted by analysts at Royal Bank Of Canada from GBX 1,200 ($14.85) to GBX 1,250 ($15.47) in a research note issued to investors on Thursday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential downside of 1.88% from the company’s previous close.

Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,408 ($17.43) price objective on shares of Berendsen PLC in a research note on Monday, August 1st. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 1,393 ($17.24) price objective on shares of Berendsen PLC in a research note 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 stock a “buy” rating in a research note on Monday, August 1st. Peel Hunt reissued an “add” rating and set a GBX 1,246 ($15.42) target price on shares of Berendsen PLC in a research report on Friday, July 29th. Finally, Barclays PLC cut shares of Berendsen PLC to an “equal weight” rating and boosted their target price for the stock from GBX 1,235 ($15.28) to GBX 1,303 ($16.13) in a research report on Wednesday, August 17th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,291.20 ($15.98).

Analyst Recommendations for Berendsen PLC (LON:BRSN)

Berendsen PLC (LON:BRSN) traded up 0.16% on Thursday, hitting GBX 1276.00. 114,063 shares of the company were exchanged. The firm has a 50 day moving average of GBX 1,253.36 and a 200-day moving average of 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 stock’s market cap is GBX 2.18 billion.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

The business also recently declared a dividend, which was paid on Friday, October 7th. Investors of record on Thursday, September 8th were issued a GBX 10.50 ($0.13) dividend. The ex-dividend date of this dividend was Thursday, September 8th. This represents a yield of 0.82%.

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.

Receive News & Ratings for Berendsen PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berendsen PLC and related companies with's FREE daily email newsletter.