Interserve plc (IRV) Receives Buy Rating from Peel Hunt
Other analysts also recently issued research reports about the stock. Berenberg Bank downgraded shares of Interserve plc to a hold rating in a research report on Friday, July 1st. Beaufort Securities reissued a buy rating on shares of Interserve plc in a research report on Tuesday, September 20th. Numis Securities Ltd reissued a buy rating and set a GBX 535 ($6.62) target price on shares of Interserve plc in a research report on Wednesday, August 10th. Liberum Capital reissued a sell rating and set a GBX 280 ($3.47) target price on shares of Interserve plc in a research report on Friday, September 9th. Finally, JPMorgan Chase & Co. increased their target price on shares of Interserve plc from GBX 416 ($5.15) to GBX 425 ($5.26) and gave the stock an overweight rating in a research report on Thursday, August 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. Interserve plc presently has a consensus rating of Buy and an average target price of GBX 503.86 ($6.24).
Shares of Interserve plc (LON:IRV) opened at 359.75 on Monday. The stock’s market cap is GBX 523.42 million. Interserve plc has a 12 month low of GBX 214.25 and a 12 month high of GBX 612.50. The stock’s 50 day moving average is GBX 400.79 and its 200 day moving average is GBX 354.93.
The company also recently disclosed a dividend, which will be paid on Friday, October 21st. Shareholders of record on Thursday, September 15th will be given a GBX 8.10 ($0.10) dividend. This represents a yield of 2.17%. The ex-dividend date is Thursday, September 15th.
About Interserve plc
Interserve Plc is a United Kingdom-based support services and construction company. The Company provides a range of integrated services in the outsourcing and construction markets. It has four operational segments: Support Services, Construction, Equipment Services and Investments. Support Services focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally.
Receive News & Stock 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 stocks with our FREE daily email newsletter.