JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Berendsen PLC (BRSN)
JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Berendsen PLC (LON:BRSN) in a research report sent to investors on Friday morning. The brokerage currently has a GBX 1,408 ($18.38) price objective on the stock.
Several other equities research analysts have also recently issued reports on the stock. Goldman Sachs Group Inc. reaffirmed a buy rating and set a GBX 1,393 ($18.18) price objective on shares of Berendsen PLC in a research report on Monday, June 27th. HSBC boosted their price target on shares of Berendsen PLC from GBX 1,230 ($16.06) to GBX 1,450 ($18.93) and gave the company a buy rating in a research report on Monday, August 1st. Peel Hunt reissued an add rating and issued a GBX 1,246 ($16.26) price target on shares of Berendsen PLC in a research report on Friday, July 29th. Credit Suisse Group AG boosted their price target on shares of Berendsen PLC from GBX 1,250 ($16.32) to GBX 1,330 ($17.36) and gave the company an outperform rating in a research report on Tuesday, July 5th. Finally, Barclays PLC cut shares of Berendsen PLC to an equal weight rating and boosted their price target for the company from GBX 1,235 ($16.12) to GBX 1,303 ($17.01) in a research report on Wednesday, August 17th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Berendsen PLC presently has a consensus rating of Buy and an average target price of GBX 1,286.20 ($16.79).
Shares of Berendsen PLC (LON:BRSN) opened at 1278.00 on Friday. The stock’s market capitalization is GBX 2.18 billion. Berendsen PLC has a 1-year low of GBX 970.00 and a 1-year high of GBX 1,371.00. The stock’s 50 day moving average is GBX 1,247.89 and its 200 day moving average is GBX 1,221.78.
The business also recently disclosed a dividend, which will be paid on Friday, October 7th. Investors of record on Thursday, September 8th will be issued a dividend of GBX 10.50 ($0.14) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, September 8th.
Berendsen PLC Company Profile
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 Analyst Ratings Network's FREE daily email newsletter.