Interserve plc (IRV) Given “Reduce” Rating at Peel Hunt

Interserve plc (LON:IRV)‘s stock had its “reduce” rating restated by research analysts at Peel Hunt in a report released on Friday, May 12th. They presently have a GBX 200 ($2.53) target price on the stock. Peel Hunt’s target price points to a potential downside of 13.23% from the company’s previous close.

Other analysts have also issued reports about the stock. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 443 ($5.60) price objective (down from GBX 535 ($6.77)) on shares of Interserve plc in a research note on Tuesday, February 21st. Jefferies Group LLC lowered their price objective on shares of Interserve plc from GBX 550 ($6.96) to GBX 300 ($3.80) and set a “buy” rating for the company in a research note on Wednesday, March 1st. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 330 ($4.17) price objective on shares of Interserve plc in a research note on Thursday, February 9th. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 350 ($4.43) price objective on shares of Interserve plc in a research note on Tuesday, February 21st. Finally, Liberum Capital raised shares of Interserve plc to a “hold” rating and upped their price objective for the stock from GBX 230 ($2.91) to GBX 240 ($3.04) in a research note on Wednesday, March 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. Interserve plc has an average rating of “Hold” and a consensus target price of GBX 280.43 ($3.55).

Analyst Recommendations for Interserve plc (LON:IRV)

Interserve plc (IRV) opened at 230.50 on Friday. Interserve plc has a 12 month low of GBX 205.00 and a 12 month high of GBX 449.38. The company’s 50-day moving average is GBX 231.88 and its 200-day moving average is GBX 270.13. The stock’s market capitalization is GBX 334.78 million.

COPYRIGHT VIOLATION NOTICE: “Interserve plc (IRV) Given “Reduce” Rating at Peel Hunt” was posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.com-unik.info/2017/06/17/interserve-plcs-irv-reduce-rating-reaffirmed-at-peel-hunt-updated-updated-updated.html.

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.

What are top analysts saying about Interserve plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Interserve plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit