Interserve plc Receives “Buy” Rating from Liberum Capital (IRV)
Interserve plc (LON:IRV)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued to clients and investors on Friday. They currently have a GBX 750 ($12.61) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 20.87% 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 Monday, June 2nd. They now have a GBX 718 ($12.07) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Interserve plc in a research note on Friday, May 23rd. They now have a GBX 813 ($13.67) price target on the stock. Finally, 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 ($13.55) price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 733.80 ($12.34).
Interserve plc (LON:IRV) traded down 1.51% on Friday, hitting GBX 620.50. 357,963 shares of the company’s stock traded hands. Interserve plc has a one year low of GBX 466.50 and a one year high of GBX 751.50. The stock has a 50-day moving average of GBX 651. and a 200-day moving average of GBX 645.7. The company’s market cap is £800.4 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.
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