Interserve plc (IRV) Earns “Sell” Rating from Liberum Capital
Interserve plc (LON:IRV)‘s stock had its “sell” rating reissued by equities researchers at Liberum Capital in a report released on Monday. They currently have a GBX 280 ($3.65) target price on the stock. Liberum Capital’s price objective indicates a potential downside of 18.66% from the company’s current price.
A number of other equities research analysts have also recently commented on IRV. Beaufort Securities restated a “buy” rating on shares of Interserve plc in a report on Thursday, August 11th. JPMorgan Chase & Co. raised their price target on shares of Interserve plc from GBX 416 ($5.43) to GBX 425 ($5.55) and gave the stock an “overweight” rating in a report on Thursday, August 11th. Jefferies Group reduced their price target on shares of Interserve plc from GBX 570 ($7.44) to GBX 550 ($7.18) and set a “buy” rating for the company in a report on Thursday, August 25th. Peel Hunt restated a “buy” rating and issued a GBX 450 ($5.87) price target on shares of Interserve plc in a report on Wednesday, August 10th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 535 ($6.98) price target on shares of Interserve plc in a report on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 503.86 ($6.58).
Shares of Interserve plc (LON:IRV) opened at 345.51 on Monday. The company’s market capitalization is GBX 502.70 million. Interserve plc has a one year low of GBX 214.25 and a one year high of GBX 612.50. The stock has a 50 day moving average of GBX 400.78 and a 200-day moving average of GBX 356.61.
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The firm also recently disclosed a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be issued a dividend of GBX 8.10 ($0.11) per share. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 15th.
Interserve plc Company Profile
Interserve Plc is a United Kingdom-based support services and construction company. The Company provides a range of integrated services in the outsourcing and construction markets. It has four operational segments: Support Services, Construction, Equipment Services and Investments. Support Services focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally.
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