Bruce Melizan Buys 186 Shares of Interserve plc (IRV) Stock
Interserve plc (LON:IRV) insider Bruce Melizan bought 186 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were acquired at an average cost of GBX 81 ($1.07) per share, with a total value of £150.66 ($198.16).
Bruce Melizan also recently made the following trade(s):
- On Friday, October 13th, Bruce Melizan bought 134 shares of Interserve plc stock. The shares were acquired at an average cost of GBX 113 ($1.49) per share, with a total value of £151.42 ($199.16).
- On Monday, September 11th, Bruce Melizan bought 92 shares of Interserve plc stock. The shares were acquired at an average cost of GBX 162 ($2.13) per share, with a total value of £149.04 ($196.03).
Shares of Interserve plc (IRV) traded down GBX 1.09 ($0.01) during mid-day trading on Monday, reaching GBX 79.91 ($1.05). 887,965 shares of the company’s stock were exchanged, compared to its average volume of 3,700,000. Interserve plc has a twelve month low of GBX 52.75 ($0.69) and a twelve month high of GBX 385.50 ($5.07).
IRV has been the subject of several recent research reports. Liberum Capital reissued a “buy” rating and set a GBX 180 ($2.37) target price on shares of Interserve plc in a research report on Thursday, October 19th. Peel Hunt raised shares of Interserve plc to an “add” rating and decreased their target price for the stock from GBX 90 ($1.18) to GBX 80 ($1.05) in a research report on Friday, October 20th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 243 ($3.20) target price on shares of Interserve plc in a research report on Tuesday, September 12th. Finally, Numis Securities Ltd reissued an “under review” rating on shares of Interserve plc in a research report on Thursday, September 14th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 164.29 ($2.16).
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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