Interserve plc (IRV) Stock Rating Reaffirmed by Peel Hunt
Interserve plc (LON:IRV)‘s stock had its “reduce” rating reaffirmed by analysts at Peel Hunt in a report released on Thursday.
Several other equities research analysts have also weighed in 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 note on Monday, June 26th. 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 note on Tuesday. Berenberg Bank reduced 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 note on Tuesday, August 29th. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 395 ($5.10) price objective on shares of Interserve plc in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 262.57 ($3.39).
Interserve plc (IRV) traded up 10.51% during trading on Thursday, reaching GBX 81.50. The company had a trading volume of 4,040,404 shares. Interserve plc has a 52-week low of GBX 67.16 and a 52-week high of GBX 406.36. The company has a 50-day moving average price of GBX 183.06 and a 200 day moving average price of GBX 217.72. The stock’s market cap is GBX 118.76 million.
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In other Interserve plc news, insider Debbie White bought 65,408 shares of Interserve plc stock in a transaction dated Friday, September 15th. The stock was bought at an average price of GBX 76 ($0.98) per share, for a total transaction of £49,710.08 ($64,200.03). Insiders bought 65,610 shares of company stock valued at $5,010,992 in the last 90 days.
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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