Interserve (LON:IRV)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a report issued on Wednesday. They currently have a GBX 180 ($2.44) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 55.71% from the company’s current price.
A number of other analysts have also recently commented on IRV. Numis Securities reiterated a “buy” rating and issued a GBX 171 ($2.32) target price on shares of Interserve in a research note on Friday, September 22nd. Peel Hunt upgraded shares of Interserve to an “add” rating and lowered their target price for the stock from GBX 90 ($1.22) to GBX 80 ($1.08) in a research note on Friday, October 20th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Interserve from GBX 78 ($1.06) to GBX 68 ($0.92) and set a “neutral” rating for the company in a research note on Friday, October 20th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Interserve presently has a consensus rating of “Buy” and an average target price of GBX 181.71 ($2.46).
Shares of Interserve (LON IRV) opened at GBX 115.60 ($1.57) on Wednesday. The company has a market cap of $172.79 and a P/E ratio of -372.90. Interserve has a 12 month low of GBX 52.75 ($0.72) and a 12 month high of GBX 359.25 ($4.87).
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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