Interserve plc (IRV) Receives Consensus Rating of “Buy” from Brokerages
Shares of Interserve plc (LON:IRV) have been given a consensus rating of “Buy” by the eight ratings firms that are covering the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 488.83 ($6.11).
A number of brokerages have recently weighed in on IRV. Liberum Capital reaffirmed a “sell” rating and set a GBX 280 ($3.50) target price on shares of Interserve plc in a research report on Monday, October 10th. Jefferies Group lowered their target price on 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. Beaufort Securities reaffirmed a “buy” rating on shares of Interserve plc in a research report on Thursday, August 11th. Peel Hunt reaffirmed a “buy” rating and set a GBX 450 ($5.62) target price on shares of Interserve plc in a research report on Monday, October 10th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 535 ($6.68) target price on shares of Interserve plc in a research report on Thursday, October 20th.
Interserve plc (LON:IRV) traded up 2.21% during trading on Tuesday, reaching GBX 300.50. 563,559 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is GBX 345.39 and its 200-day moving average price is GBX 337.07. The firm’s market cap is GBX 437.22 million. Interserve plc has a 12 month low of GBX 214.25 and a 12 month high of GBX 556.34.
Interserve plc Company Profile
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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