Shares of Berendsen PLC (LON:BRSN) have been assigned an average recommendation of “Hold” from the twelve analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,028.64 ($13.40).

A number of analysts have weighed in on BRSN shares. Peel Hunt cut their target price on shares of Berendsen PLC from GBX 951 ($12.38) to GBX 908 ($11.82) and set an “add” rating on the stock in a research report on Thursday, April 27th. BNP Paribas restated an “outperform” rating and issued a GBX 950 ($12.37) target price on shares of Berendsen PLC in a research report on Friday, April 28th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,249 ($16.27) target price on shares of Berendsen PLC in a research report on Friday, April 28th. Morgan Stanley lowered shares of Berendsen PLC to an “underweight” rating and cut their target price for the company from GBX 950 ($12.37) to GBX 645 ($8.40) in a research report on Friday, April 28th. Finally, Numis Securities Ltd restated a “hold” rating and issued a GBX 1,164 ($15.16) target price on shares of Berendsen PLC in a research report on Monday, May 22nd.

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Berendsen PLC (LON BRSN) traded down 0.08% on Friday, reaching GBX 1278.00. 609,994 shares of the company traded hands. Berendsen PLC has a 52-week low of GBX 722.00 and a 52-week high of GBX 1,308.00. The stock has a 50-day moving average of GBX 1,243.90 and a 200 day moving average of GBX 985.76. The company’s market capitalization is GBX 2.19 billion.

The firm also recently declared a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be paid a dividend of GBX 11 ($0.14) per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, August 3rd.

Berendsen PLC Company Profile

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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