Insider Selling: Berendsen PLC (BRSN) Insider Sells £1,402,844.48 in Stock
Berendsen PLC (LON:BRSN) insider David Lawler sold 108,832 shares of the business’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of GBX 1,289 ($16.65), for a total transaction of £1,402,844.48 ($1,811,758.34).
Shares of Berendsen PLC (LON:BRSN) opened at 1268.00 on Monday. Berendsen PLC has a 12-month low of GBX 722.00 and a 12-month high of GBX 1,308.00. The company has a 50-day moving average of GBX 1,274.46 and a 200 day moving average of GBX 1,048.21. The firm’s market capitalization is GBX 2.17 billion.
Berendsen PLC (LON:BRSN) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Berendsen PLC had a net margin of 9.00% and a return on equity of 19.30%. On average, analysts predict that Berendsen PLC will post $59.32 EPS for the current year.
The business also recently disclosed a dividend, which was paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd were paid a GBX 11 ($0.14) dividend. The ex-dividend date was Thursday, August 3rd. This represents a dividend yield of 0.87%.
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A number of research analysts have recently commented on the stock. BNP Paribas reissued a “neutral” rating and set a GBX 1,370 ($17.69) target price on shares of Berendsen PLC in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) cut shares of Berendsen PLC to a “neutral” rating and boosted their target price for the stock from GBX 1,070 ($13.82) to GBX 1,200 ($15.50) in a research report on Monday, June 19th. Peel Hunt reissued an “add” rating and set a GBX 908 ($11.73) target price on shares of Berendsen PLC in a research report on Wednesday, May 24th. Barclays PLC raised shares of Berendsen PLC to an “equal weight” rating and boosted their target price for the stock from GBX 700 ($9.04) to GBX 1,207 ($15.59) in a research report on Monday, June 26th. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 1,164 ($15.03) target price on shares of Berendsen PLC in a research report on Monday, May 22nd. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Berendsen PLC has a consensus rating of “Hold” and an average price target of GBX 1,028.64 ($13.28).
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.
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