Interserve plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (IRV)
Interserve plc (LON:IRV)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday. They currently have a GBX 806 ($13.72) price objective on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 40.17% from the stock’s previous close.
A number of other analysts have also recently weighed in on IRV. Analysts at Liberum Capital reiterated a “buy” rating on shares of Interserve plc in a research note on Friday, June 13th. They now have a GBX 750 ($12.76) 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 Monday, June 2nd. They now have a GBX 718 ($12.22) price target on the stock. Finally, 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 ($13.84) price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 733.80 ($12.49).
Interserve plc (LON:IRV) traded up 2.70% during mid-day trading on Thursday, hitting GBX 590.50. 93,955 shares of the company’s stock traded hands. Interserve plc has a one year low of GBX 493.00 and a one year high of GBX 751.50. The stock’s 50-day moving average is GBX 638. and its 200-day moving average is GBX 642.4. The company’s market cap is £761.7 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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