Interserve plc (IRV) Stock Rating Reaffirmed by J P Morgan Chase & Co
Interserve plc (LON:IRV)‘s stock had its “neutral” rating reissued by investment analysts at J P Morgan Chase & Co in a research report issued on Tuesday. They presently have a GBX 243 ($3.14) price target on the stock. J P Morgan Chase & Co’s price objective points to a potential upside of 59.61% from the stock’s current price.
Several other analysts also recently commented on the stock. Liberum Capital reaffirmed a “hold” rating and issued a GBX 240 ($3.10) price objective on shares of Interserve plc in a report on Monday, June 26th. Berenberg Bank dropped their price objective on shares of Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.58) and set a “hold” rating on the stock in a report on Tuesday, August 29th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 200 ($2.58) price objective on shares of Interserve plc in a report on Wednesday, August 9th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 395 ($5.10) price objective on shares of Interserve plc in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 262.57 ($3.39).
Shares of Interserve plc (LON IRV) opened at 72.25 on Tuesday. Interserve plc has a 12 month low of GBX 72.25 and a 12 month high of GBX 406.36. The stock’s 50 day moving average is GBX 190.19 and its 200 day moving average is GBX 219.69. The company’s market capitalization is GBX 105.28 million.
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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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