Insider Buying: Interserve plc (IRV) Insider Buys £150.66 in Stock
Interserve plc (LON:IRV) insider Bruce Melizan acquired 186 shares of the business’s stock in a transaction on Friday, November 10th. The shares were bought at an average price of GBX 81 ($1.07) per share, with a total value of £150.66 ($198.16).
Bruce Melizan also recently made the following trade(s):
- On Friday, October 13th, Bruce Melizan acquired 134 shares of Interserve plc stock. The shares were bought at an average price of GBX 113 ($1.49) per share, with a total value of £151.42 ($199.16).
- On Monday, September 11th, Bruce Melizan acquired 92 shares of Interserve plc stock. The shares were bought at an average price of GBX 162 ($2.13) per share, with a total value of £149.04 ($196.03).
Interserve plc (LON:IRV) opened at GBX 83 ($1.09) on Thursday. Interserve plc has a fifty-two week low of GBX 52.75 ($0.69) and a fifty-two week high of GBX 385.50 ($5.07).
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Several equities research analysts have issued reports on IRV shares. Liberum Capital restated a “buy” rating and set a GBX 180 ($2.37) price objective on shares of Interserve plc in a research report on Thursday, October 19th. Peel Hunt upgraded shares of Interserve plc to an “add” rating and cut their price objective for the stock from GBX 90 ($1.18) to GBX 80 ($1.05) in a research report on Friday, October 20th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 243 ($3.20) price objective on shares of Interserve plc in a research report on Tuesday, September 12th. Finally, Numis Securities Ltd restated an “under review” rating on shares of Interserve plc in a research report on Thursday, September 14th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 164.29 ($2.16).
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.
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