Interserve plc (IRV) Given Consensus Rating of “Hold” by Analysts
Shares of Interserve plc (LON:IRV) have been given a consensus rating of “Hold” by the eight brokerages that are covering the company. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 280.43 ($3.62).
A number of analysts have recently weighed in on the stock. Peel Hunt downgraded shares of Interserve plc to a “reduce” rating and reduced their target price for the stock from GBX 400 ($5.16) to GBX 320 ($4.13) in a research report on Tuesday, January 24th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 270 ($3.49) target price on shares of Interserve plc in a research report on Monday, February 20th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 330 ($4.26) target price on shares of Interserve plc in a research report on Thursday, February 9th. Jefferies Group LLC reduced their target price on shares of Interserve plc from GBX 550 ($7.10) to GBX 300 ($3.87) and set a “buy” rating on the stock in a research report on Wednesday, March 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of Interserve plc from GBX 253 ($3.27) to GBX 260 ($3.36) and gave the stock a “neutral” rating in a research report on Wednesday, March 1st.
Shares of Interserve plc (LON:IRV) traded up 0.22% on Friday, hitting GBX 230.00. 339,414 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 230.82 and a 200 day moving average price of GBX 283.38. The company’s market cap is GBX 334.05 million. Interserve plc has a 12 month low of GBX 205.00 and a 12 month high of GBX 449.38.
Interserve plc Company Profile
Interserve Plc is a United Kingdom-based support services and construction company that offers advice, design, construction, equipment, facilities management and frontline public services. The Company provides a range of integrated services in the outsourcing and construction markets. It operates through three segments: Support Services, Construction and Equipment Services.
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