Interserve plc Rating Reiterated by Jefferies Group (IRV)
Interserve plc (LON:IRV)‘s stock had its “buy” rating restated by analysts at Jefferies Group in a research report issued to clients and investors on Friday. They currently have a GBX 813 ($13.68) price objective on the stock. Jefferies Group’s price objective indicates a potential upside of 27.03% from the stock’s previous close.
Shares of Interserve plc (LON:IRV) opened at 646.84 on Friday. Interserve plc has a 52-week low of GBX 465.695 and a 52-week high of GBX 751.50. The stock has a 50-day moving average of GBX 671.8 and a 200-day moving average of GBX 643.2. The company’s market cap is £834.4 million.
IRV has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Interserve plc in a research note on Tuesday, May 13th. They now have a GBX 806 ($13.56) price target on the stock. Separately, 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 ($12.08) price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 688.60 ($11.58).
Interserve Plc is a support services and construction company. The Company offers advice, design, construction, equipment and facilities management services for society’s infrastructure.
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