Interserve plc (IRV) Receives Buy Rating from Beaufort Securities
IRV has been the topic of a number of other reports. Liberum Capital restated a buy rating and issued a GBX 625 ($7.62) price target on shares of Interserve plc in a research report on Thursday, August 25th. Peel Hunt reiterated a buy rating and set a GBX 450 ($5.48) target price on shares of Interserve plc in a research report on Monday, October 10th. Jefferies Group reduced their target price on shares of Interserve plc from GBX 570 ($6.95) to GBX 550 ($6.70) and set a buy rating on the stock in a research report on Thursday, August 25th. JPMorgan Chase & Co. reduced their target price on shares of Interserve plc from GBX 500 ($6.09) to GBX 416 ($5.07) and set an overweight rating on the stock in a research report on Friday, July 8th. Finally, Berenberg Bank lowered shares of Interserve plc to a hold rating in a research report on Friday, July 1st. One 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. The company presently has a consensus rating of Buy and a consensus price target of GBX 503.86 ($6.14).
Shares of Interserve plc (LON:IRV) opened at 364.50 on Tuesday. The firm’s market cap is GBX 530.33 million. Interserve plc has a 52 week low of GBX 214.25 and a 52 week high of GBX 579.00. The firm has a 50 day moving average of GBX 390.99 and a 200 day moving average of GBX 351.60.
The firm also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 15th will be issued a dividend of GBX 8.10 ($0.10) per share. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 15th.
Interserve plc Company Profile
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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