Brokerages Set Interserve plc (IRV) PT at $265.00
Interserve plc (LON:IRV) has been assigned an average rating of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 265 ($3.43).
A number of research firms have recently commented on IRV. Berenberg Bank reduced their price objective on shares of Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.59) and set a “hold” rating on the stock in a research note on Tuesday. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 395 ($5.11) price objective on shares of Interserve plc in a research note on Wednesday, August 9th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 200 ($2.59) price objective on shares of Interserve plc in a research note on Wednesday, August 9th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 240 ($3.10) price objective on shares of Interserve plc in a research note on Wednesday, August 9th.
COPYRIGHT VIOLATION NOTICE: This story was first published by Watch List News and is owned by of Watch List News. If you are reading this story on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this story can be viewed at https://www.watchlistnews.com/brokerages-set-interserve-plc-irv-pt-at-265-00/1536004.html.
Interserve plc (IRV) opened at 168.75 on Tuesday. Interserve plc has a 52 week low of GBX 166.75 and a 52 week high of GBX 449.38. The company’s market capitalization is GBX 245.89 million. The firm has a 50-day moving average of GBX 215.11 and a 200-day moving average of GBX 233.27.
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.
Receive News & Ratings for Interserve plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interserve plc and related companies with Analyst Ratings Network's FREE daily email newsletter.