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).
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.
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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