Interserve plc’s (LON:IRV) “Reduce” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their reduce rating on shares of Interserve plc (LON:IRV) in a research report sent to investors on Wednesday. The firm currently has a GBX 200 ($2.60) price objective on the stock.

Separately, Liberum Capital restated a hold rating and issued a GBX 240 ($3.13) target price on shares of Interserve plc in a research note on Friday, May 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Interserve plc presently has a consensus rating of Hold and an average price target of GBX 273.57 ($3.56).

Shares of Interserve plc (LON IRV) opened at 196.25 on Wednesday. The company’s market cap is GBX 286.42 million. Interserve plc has a 12-month low of GBX 191.41 and a 12-month high of GBX 449.38. The company’s 50-day moving average price is GBX 230.04 and its 200 day moving average price is GBX 242.81.

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About Interserve plc

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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