Uniform supplier Vestis Corp. (NYSE:VSTS) may be worth at least $18 a share in a potential takeover after reports about strategic and private equity interest, according to a Jefferies analyst.

Vestis Corp. (NYSE:VSTS) dropped 3% after French competitor Elis said it ended discussions with Vestis (VSTS) and US peer UniFirst (UNF) over possible takeover offers. UniFirst fell 1.2%.

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced an agreement to sell its 39% equity stake in Aramark Uniform Services Japan ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Vestis Corp. engages in the B2B uniform and workplace supplies category. It provides uniform services and workplace supplies to North American customers from Fortune 500 companies to locally owned ...

Shares of Vestis fell over 3% on Friday after Elis announced it had abandoned takeover discussions with the company. Vestis has been under pressure this year, down 33%, with an additional decline ...

In recent trading, shares of Vestis Corp (Symbol: VSTS) have crossed above the average analyst 12-month target price of $14.98, changing hands for $15.03/share. When a stock reaches the target an ...

Jefferies has made a bullish move on Vestis Corp (NYSE: VSTS), raising the stock's price target to $18.00, up from the previous target of $14.00. The firm has maintained a Buy rating on the shares, ...