Shares of Berendsen PLC (LON:BRSN) have earned a consensus recommendation of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,028.64 ($13.57).

BRSN has been the topic of several research reports. Peel Hunt boosted their price objective on shares of Berendsen PLC from GBX 908 ($11.98) to GBX 1,250 ($16.49) and gave the stock an “add” rating in a research note on Thursday, June 8th. Morgan Stanley cut shares of Berendsen PLC to an “underweight” rating and decreased their price objective for the company from GBX 950 ($12.53) to GBX 645 ($8.51) in a report on Friday, April 28th. Numis Securities Ltd reissued a “hold” rating and set a GBX 1,164 ($15.35) price objective on shares of Berendsen PLC in a report on Monday, May 22nd. BNP Paribas reissued an “outperform” rating and set a GBX 950 ($12.53) price objective on shares of Berendsen PLC in a report on Friday, April 28th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,249 ($16.48) price objective on shares of Berendsen PLC in a report on Friday, April 28th.

Shares of Berendsen PLC (LON:BRSN) traded up 0.55% during trading on Friday, hitting GBX 1285.00. 540,549 shares of the stock traded hands. Berendsen PLC has a 12 month low of GBX 722.00 and a 12 month high of GBX 1,371.00. The company has a 50 day moving average price of GBX 1,234.90 and a 200 day moving average price of GBX 974.23. The firm’s market cap is GBX 2.20 billion.

The company also recently declared a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be issued a GBX 11 ($0.15) dividend. This represents a dividend yield of 0.87%. The ex-dividend date is Thursday, August 3rd.

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About Berendsen PLC

Berendsen plc is a focused European textile, hygiene and safety solutions business. The Company operates through Workwear, Facility, Healthcare and Hospitality segments. It provides outsourced workwear services to 80,000 customers across Europe. Its services include workwear design, rental and delivery, repair, stockholding and stock management, including specialized garment dispensing systems.

Analyst Recommendations for Berendsen PLC (LON:BRSN)

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