Interserve plc (IRV) Insider Adrian M. Ringrose Purchases 34 Shares
Interserve plc (LON:IRV) insider Adrian M. Ringrose bought 34 shares of Interserve plc stock in a transaction that occurred on Tuesday, October 11th. The stock was bought at an average cost of GBX 359 ($4.44) per share, with a total value of £122.06 ($151.06).
Shares of Interserve plc (LON:IRV) opened at 352.75 on Wednesday. The company’s market capitalization is GBX 513.24 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 399.57 and a 200-day moving average of GBX 354.30.
The company also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 15th will be paid a dividend of GBX 8.10 ($0.10) per share. This represents a yield of 2.17%. The ex-dividend date is Thursday, September 15th.
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A number of equities analysts recently weighed in on the stock. Liberum Capital reaffirmed a “sell” rating and issued a GBX 280 ($3.47) target price on shares of Interserve plc in a research note on Monday. Jefferies Group cut their price target on shares of Interserve plc from GBX 570 ($7.05) to GBX 550 ($6.81) and set a “buy” rating on the stock in a research report on Thursday, August 25th. Beaufort Securities reissued a “buy” rating on shares of Interserve plc in a research report on Thursday, August 11th. JPMorgan Chase & Co. cut their price target on shares of Interserve plc from GBX 500 ($6.19) to GBX 416 ($5.15) and set an “overweight” rating on the stock in a research report on Friday, July 8th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 450 ($5.57) price target on shares of Interserve plc in a research report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 503.86 ($6.24).
About Interserve plc
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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