Interserve plc’s (IRV) Overweight Rating Reaffirmed at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their overweight rating on shares of Interserve plc (LON:IRV) in a research note issued to investors on Tuesday morning. JPMorgan Chase & Co. currently has a GBX 476 ($5.95) target price on the stock.
IRV has been the topic of a number of other reports. Liberum Capital reaffirmed a buy rating and set a GBX 625 ($7.81) price target on shares of Interserve plc in a research report on Thursday, August 25th. Beaufort Securities reaffirmed a buy rating on shares of Interserve plc in a research report on Tuesday, September 20th. Peel Hunt reaffirmed a buy rating and set a GBX 450 ($5.62) price target on shares of Interserve plc in a research report on Monday, October 10th. Jefferies Group reduced their price target on shares of Interserve plc from GBX 570 ($7.12) to GBX 550 ($6.87) and set a buy rating on the stock in a research report on Thursday, August 25th. Finally, Numis Securities Ltd reaffirmed a buy rating and set a GBX 535 ($6.68) price target on shares of Interserve plc in a research report on Thursday, October 20th. One investment 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 a consensus rating of Buy and a consensus target price of GBX 511.14 ($6.39).
Interserve plc (LON:IRV) traded down 7.55% on Tuesday, hitting GBX 294.00. 2,057,040 shares of the company were exchanged. The stock’s market cap is GBX 427.76 million. Interserve plc has a 52-week low of GBX 214.25 and a 52-week high of GBX 556.34. The firm has a 50 day moving average of GBX 352.28 and a 200-day moving average of GBX 339.21.
About Interserve plc
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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