Shares of Interserve plc (LON:IRV) have earned an average rating of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 96.25 ($1.26).
A number of research firms recently weighed in on IRV. Numis Securities reissued a “buy” rating on shares of Interserve in a research note on Tuesday, August 7th. Peel Hunt reissued a “buy” rating on shares of Interserve in a research note on Tuesday, August 7th. Liberum Capital reissued a “hold” rating on shares of Interserve in a research note on Tuesday, August 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of Interserve from GBX 93 ($1.22) to GBX 95 ($1.24) and gave the company a “neutral” rating in a research note on Wednesday, August 8th.
Shares of LON:IRV traded down GBX 0.80 ($0.01) on Monday, hitting GBX 50.65 ($0.66). 217,157 shares of the company were exchanged, compared to its average volume of 2,640,000. Interserve has a one year low of GBX 52.75 ($0.69) and a one year high of GBX 249.75 ($3.26).
Interserve Plc provides advice, design, construction, equipment, facilities management, and citizen services in the United Kingdom and internationally. Its Support Services segment offers support services to public- and private-sector clients. The company's Construction segment designs, constructs, and maintains buildings and infrastructure.
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