Interserve plc (IRV) Insider Adrian M. Ringrose Purchases 34 Shares of Stock
Interserve plc (LON:IRV) insider Adrian M. Ringrose bought 34 shares of the business’s stock in a transaction on Tuesday, October 11th. The shares were acquired at an average price of GBX 359 ($4.44) per share, for a total transaction of £122.06 ($151.06).
Shares of Interserve plc (LON:IRV) opened at 348.00 on Thursday. The company’s market capitalization is GBX 506.33 million. Interserve plc has a 1-year low of GBX 214.25 and a 1-year high of GBX 601.00. The company’s 50-day moving average price is GBX 397.39 and its 200-day moving average price is GBX 353.76.
The firm also recently announced 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.
A number of research analysts have issued reports on IRV shares. Berenberg Bank downgraded shares of Interserve plc to a “hold” rating in a research report on Friday, July 1st. Peel Hunt restated a “buy” rating and set a GBX 450 ($5.57) target price on shares of Interserve plc in a research report on Friday, July 8th. Beaufort Securities restated a “buy” rating on shares of Interserve plc in a research report on Tuesday, September 20th. Numis Securities Ltd restated 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. Finally, Liberum Capital restated 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of GBX 503.86 ($6.24).
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.
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