Interserve plc (IRV) Receives “Hold” Rating from Liberum Capital
Interserve plc (LON:IRV)‘s stock had its “hold” rating reiterated by research analysts at Liberum Capital in a report released on Monday. They presently have a GBX 240 ($3.05) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 1.27% from the stock’s current price.
Several other research analysts have also commented on the company. Canaccord Genuity cut their price objective on Interserve plc from GBX 350 ($4.45) to GBX 260 ($3.31) and set a “hold” rating on the stock in a research report on Wednesday, March 1st. Peel Hunt reiterated a “hold” rating and issued a GBX 250 ($3.18) price target on shares of Interserve plc in a research note on Tuesday, February 28th. JPMorgan Chase & Co. lifted their price target on Interserve plc from GBX 253 ($3.22) to GBX 260 ($3.31) and gave the stock a “neutral” rating in a research note on Wednesday, March 1st. Finally, Jefferies Group LLC decreased their price target on Interserve plc from GBX 550 ($7.00) to GBX 300 ($3.82) and set a “buy” rating for the company in a research note on Wednesday, March 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Interserve plc currently has an average rating of “Hold” and an average price target of GBX 280.43 ($3.57).
Interserve plc (IRV) traded up 0.84% during midday trading on Monday, hitting GBX 239.00. The company had a trading volume of 550,642 shares. Interserve plc has a 52-week low of GBX 205.00 and a 52-week high of GBX 449.38. The firm’s market cap is GBX 347.12 million. The stock has a 50 day moving average of GBX 232.34 and a 200 day moving average of GBX 268.41.
About Interserve plc
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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