Insider Buying: Interserve plc (IRV) Insider Buys 55 Shares of Stock
Interserve plc (LON:IRV) insider Adrian M. Ringrose purchased 55 shares of Interserve plc stock in a transaction dated Tuesday, August 8th. The stock was bought at an average cost of GBX 229 ($2.98) per share, with a total value of £125.95 ($164.02).
Interserve plc (LON:IRV) traded down 1.46% on Wednesday, hitting GBX 220.00. The stock had a trading volume of 1,767,830 shares. The company’s market cap is GBX 319.53 million. The firm’s 50-day moving average is GBX 232.71 and its 200-day moving average is GBX 244.94. Interserve plc has a 52-week low of GBX 205.00 and a 52-week high of GBX 449.38.
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Several research analysts have recently commented on IRV shares. Numis Securities Ltd reissued a “buy” rating and issued a GBX 395 ($5.14) price target on shares of Interserve plc in a research report on Wednesday. Liberum Capital reissued a “hold” rating and issued a GBX 240 ($3.13) price target on shares of Interserve plc in a research report on Wednesday. Finally, Peel Hunt reissued a “reduce” rating and issued a GBX 200 ($2.60) price target on shares of Interserve plc in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 273.57 ($3.56).
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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