Interserve plc (IRV) Given New GBX 518 Price Target at J P Morgan Chase & Co
Interserve plc (LON:IRV) had its price target hoisted by J P Morgan Chase & Co from GBX 476 ($5.79) to GBX 518 ($6.30) in a research note issued to investors on Thursday. The brokerage currently has an overweight rating on the stock.
IRV has been the topic of several other research reports. Liberum Capital reissued a sell rating and issued a GBX 280 ($3.41) price objective on shares of Interserve plc in a research report on Monday, October 10th. Peel Hunt reissued a buy rating and issued a GBX 450 ($5.47) price objective on shares of Interserve plc in a research report on Monday, October 10th. Numis Securities Ltd reissued a buy rating and issued a GBX 535 ($6.51) price objective on shares of Interserve plc in a research report on Thursday, October 20th. Finally, Beaufort Securities reissued a buy rating on shares of Interserve plc in a research report on Tuesday, September 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 508.57 ($6.18).
Interserve plc (LON:IRV) traded up 3.07% during mid-day trading on Thursday, hitting GBX 343.75. The stock had a trading volume of 973,138 shares. The stock’s market capitalization is GBX 500.14 million. The company’s 50 day moving average is GBX 317.98 and its 200-day moving average is GBX 337.02. Interserve plc has a 52 week low of GBX 214.25 and a 52 week high of GBX 512.50.
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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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