Interserve plc (IRV) Receives Average Rating of “Hold” from Analysts
Shares of Interserve plc (LON:IRV) have earned an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 164.29 ($2.21).
A number of brokerages recently commented on IRV. Liberum Capital reiterated a “buy” rating and set a GBX 150 ($2.02) price target on shares of Interserve in a report on Tuesday, October 31st. J P Morgan Chase & Co lifted their price target on Interserve from GBX 78 ($1.05) to GBX 243 ($3.27) and gave the stock a “neutral” rating in a report on Monday, September 18th. Berenberg Bank dropped their price target on Interserve from GBX 260 ($3.50) to GBX 200 ($2.69) and set a “hold” rating on the stock in a report on Tuesday, August 29th. Numis Securities dropped their price target on Interserve from GBX 171 ($2.30) to GBX 92 ($1.24) and set a “buy” rating on the stock in a report on Tuesday, October 24th. Finally, Peel Hunt upgraded Interserve to a “hold” rating and set a GBX 90 ($1.21) price target on the stock in a report on Monday, September 18th.
Shares of Interserve (LON:IRV) opened at GBX 64 ($0.86) on Friday. Interserve has a fifty-two week low of GBX 52.75 ($0.71) and a fifty-two week high of GBX 359.75 ($4.84).
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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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