Interserve plc Upgraded by Numis Securities Ltd to Buy (IRV)
Interserve plc (LON:IRV) was upgraded by Numis Securities Ltd to a “buy” rating in a research note issued on Monday. The firm currently has a GBX 718 ($12.23) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 22.42% from the stock’s previous close.
Interserve plc (LON:IRV) opened at 599.00 on Monday. Interserve plc has a 52-week low of GBX 497.10 and a 52-week high of GBX 751.50. The stock’s 50-day moving average is GBX 634.0 and its 200-day moving average is GBX 641.6. The company’s market cap is £772.7 million.
A number of other analysts have also recently weighed in on IRV. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Interserve plc in a research note on Thursday. They now have a GBX 806 ($13.73) price target on the stock. Separately, 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 ($12.77) 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 ($13.85) price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. Interserve plc has an average rating of “Buy” and an average target price of GBX 733.80 ($12.50).
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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