Liberum Capital Reiterates “Sell” Rating for Interserve plc (IRV)
Interserve plc (LON:IRV)‘s stock had its “sell” rating reiterated by investment analysts at Liberum Capital in a report released on Monday.
Other analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Interserve plc from GBX 416 ($5.43) to GBX 425 ($5.55) and gave the stock an “overweight” rating in a research note on Thursday, August 11th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 535 ($6.98) price target on shares of Interserve plc in a research note on Wednesday, August 10th. Berenberg Bank lowered shares of Interserve plc to a “hold” rating in a research note on Friday, July 1st. Peel Hunt reiterated a “buy” rating and issued a GBX 450 ($5.87) price target on shares of Interserve plc in a research note on Wednesday, August 10th. Finally, Beaufort Securities reiterated a “buy” rating on shares of Interserve plc in a research note on Thursday, August 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 503.86 ($6.58).
Interserve plc (LON:IRV) opened at 392.75 on Monday. Interserve plc has a 12-month low of GBX 214.25 and a 12-month high of GBX 615.00. The stock’s market capitalization is GBX 571.44 million. The stock’s 50 day moving average is GBX 387.32 and its 200 day moving average is GBX 361.63.
The company also recently disclosed a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be issued a GBX 8.10 ($0.11) dividend. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 15th.
Interserve plc Company Profile
Interserve Plc is a United Kingdom-based support services and construction company. The Company provides a range of integrated services in the outsourcing and construction markets. It has four operational segments: Support Services, Construction, Equipment Services and Investments. Support Services focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally.
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