Interserve plc Receives Overweight Rating from JPMorgan Chase & Co. (IRV)
Interserve plc (LON:IRV)‘s stock had its “overweight” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 806 ($13.58) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 17.88% from the stock’s previous close.
A number of other firms have also recently commented on IRV. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Interserve plc in a research note on Thursday, May 1st. They now have a GBX 718 ($12.09) price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Interserve plc in a research note on Friday, March 28th. They set a “buy” rating and a GBX 813 ($13.69) price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 667.17 ($11.24).
Shares of Interserve plc (LON:IRV) traded down 0.43% on Tuesday, hitting GBX 687.00. 25,814 shares of the company’s stock traded hands. Interserve plc has a 1-year low of GBX 465.695 and a 1-year high of GBX 751.50. The stock’s 50-day moving average is GBX 680.8 and its 200-day moving average is GBX 641.1. The company’s market cap is £886.2 million.
Interserve Plc is a support services and construction company. The Company offers advice, design, construction, equipment and facilities management services for society’s infrastructure.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.