Interserve plc (IRV) Insider Debbie White Acquires 65,408 Shares
Interserve plc (LON:IRV) insider Debbie White acquired 65,408 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average cost of GBX 76 ($0.98) per share, with a total value of £49,710.08 ($64,200.03).
Shares of Interserve plc (LON IRV) traded up 7.46% on Friday, hitting GBX 79.25. The stock had a trading volume of 2,319,378 shares. Interserve plc has a one year low of GBX 67.16 and a one year high of GBX 406.36. The company’s market capitalization is GBX 115.48 million. The firm has a 50 day moving average price of GBX 187.05 and a 200 day moving average price of GBX 218.67.
A number of analysts recently issued reports on the company. Liberum Capital reissued a “hold” rating and set a GBX 240 ($3.10) price objective on shares of Interserve plc in a research report on Monday, June 26th. Peel Hunt reissued a “reduce” rating and set a GBX 200 ($2.58) price objective on shares of Interserve plc in a research report on Wednesday, August 9th. Numis Securities Ltd reissued a “buy” rating and set a GBX 395 ($5.10) price objective on shares of Interserve plc in a research report on Wednesday, August 9th. Berenberg Bank cut their price objective on Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.58) and set a “hold” rating for the company in a research report on Tuesday, August 29th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 243 ($3.14) price objective on shares of Interserve plc in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Interserve plc has an average rating of “Hold” and an average price target of GBX 262.57 ($3.39).
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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