Interserve plc (IRV) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their reduce rating on shares of Interserve plc (LON:IRV) in a research note issued to investors on Thursday morning.

Several other research firms have also recently weighed in on IRV. J P Morgan Chase & Co reissued a neutral rating and set a GBX 243 ($3.14) price target on shares of Interserve plc in a report on Tuesday, September 12th. Liberum Capital reissued a hold rating and set a GBX 240 ($3.10) price target on shares of Interserve plc in a report on Wednesday, August 9th. Berenberg Bank lowered their price target on Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.58) and set a hold rating on the stock in a report on Tuesday, August 29th. Finally, Numis Securities Ltd reissued a buy rating and set a GBX 395 ($5.10) price target on shares of Interserve plc in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Interserve plc currently has a consensus rating of Hold and an average target price of GBX 262.57 ($3.39).

Shares of Interserve plc (IRV) opened at 87.50 on Thursday. The stock’s market capitalization is GBX 127.50 million. Interserve plc has a 52-week low of GBX 67.25 and a 52-week high of GBX 406.36. The firm has a 50-day moving average price of GBX 183.06 and a 200-day moving average price of GBX 217.72.

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In related news, insider Debbie White bought 65,408 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were bought at an average cost of GBX 76 ($0.98) per share, with a total value of £49,710.08 ($64,200.03). Over the last ninety days, insiders purchased 65,610 shares of company stock worth $5,010,992.

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.

Analyst Recommendations for Interserve plc (LON:IRV)

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