Interserve plc (IRV) Rating Reiterated by Numis Securities Ltd
Interserve plc (LON:IRV)‘s stock had its “under review” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday.
Other analysts also recently issued reports about the stock. Liberum Capital reiterated a “buy” rating and issued a GBX 240 ($3.10) price objective on shares of Interserve plc in a research report on Thursday. Berenberg Bank cut their price objective on shares of Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.58) and set a “hold” rating on the stock in a research report on Tuesday, August 29th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 243 ($3.14) price objective on shares of Interserve plc in a research report on Tuesday. Finally, Peel Hunt reiterated a “reduce” rating on shares of Interserve plc in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Interserve plc currently has an average rating of “Hold” and an average target price of GBX 262.57 ($3.39).
Shares of Interserve plc (LON:IRV) traded up 10.51% on Thursday, hitting GBX 81.50. 4,040,404 shares of the stock were exchanged. The firm’s 50 day moving average price is GBX 183.06 and its 200 day moving average price is GBX 217.72. Interserve plc has a one year low of GBX 67.16 and a one year high of GBX 406.36. The firm’s market cap is GBX 118.76 million.
TRADEMARK VIOLATION WARNING: “Interserve plc (IRV) Rating Reiterated by Numis Securities Ltd” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/09/16/interserve-plc-irv-rating-reiterated-by-numis-securities-ltd.html.
In related news, insider Debbie White bought 65,408 shares of the stock in a transaction on Friday, September 15th. The shares were purchased at an average price of GBX 76 ($0.98) per share, with a total value of £49,710.08 ($64,200.03). In the last three months, insiders have acquired 65,610 shares of company stock worth $5,010,992.
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.
Receive News & Ratings for Interserve plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interserve plc and related companies with MarketBeat.com's FREE daily email newsletter.