Interserve (IRV) Given New GBX 180 Price Target at Liberum Capital
Interserve (LON:IRV) had its target price raised by Liberum Capital from GBX 150 ($2.03) to GBX 180 ($2.44) in a report issued on Wednesday morning. The brokerage currently has a buy rating on the stock.
Other research analysts also recently issued reports about the company. Peel Hunt reaffirmed a reduce rating on shares of Interserve in a report on Thursday, September 14th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 243 ($3.30) price target on shares of Interserve in a report on Tuesday, September 12th. Finally, Numis Securities lowered their price target on Interserve from GBX 171 ($2.32) to GBX 92 ($1.25) and set a buy rating on the stock in a report on Tuesday, October 24th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 181.71 ($2.46).
Shares of Interserve (LON:IRV) traded up GBX 1.60 ($0.02) during trading hours on Wednesday, hitting GBX 117.60 ($1.59). The stock had a trading volume of 1,550,000 shares, compared to its average volume of 1,630,000. The company has a market capitalization of $171.36 and a P/E ratio of -379.35. Interserve has a 1 year low of GBX 52.75 ($0.72) and a 1 year high of GBX 359.25 ($4.87).
Interserve 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.
Receive News & Ratings for Interserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interserve and related companies with MarketBeat.com's FREE daily email newsletter.