Analysts Set Interserve plc (IRV) Target Price at $181.71
Interserve plc (LON:IRV) has earned an average rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 181.71 ($2.55).
Several research firms have recently issued reports on IRV. Numis Securities reaffirmed a “buy” rating and issued a GBX 124 ($1.74) price objective on shares of Interserve in a research note on Wednesday, January 10th. Liberum Capital upped their price objective on Interserve from GBX 150 ($2.11) to GBX 180 ($2.53) and gave the company a “buy” rating in a research note on Wednesday, January 10th. JPMorgan Chase & Co. lowered their price objective on Interserve from GBX 78 ($1.10) to GBX 68 ($0.95) and set a “neutral” rating for the company in a research note on Friday, October 20th. Finally, Peel Hunt upped their price objective on Interserve from GBX 80 ($1.12) to GBX 105 ($1.47) and gave the company an “add” rating in a research note on Monday, January 8th.
Interserve (LON IRV) traded down GBX 3.40 ($0.05) during trading on Friday, hitting GBX 110.20 ($1.55). The stock had a trading volume of 808,668 shares, compared to its average volume of 1,800,000. Interserve has a one year low of GBX 52.75 ($0.74) and a one year high of GBX 359.25 ($5.04). The firm has a market capitalization of $162.18 and a P/E ratio of -355.48.
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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