Liberum Capital Reiterates Buy Rating for Interserve (IRV)
Liberum Capital reiterated their buy rating on shares of Interserve (LON:IRV) in a research note issued to investors on Wednesday morning. They currently have a GBX 180 ($2.44) target price on the stock.
A number of other analysts have also issued reports on the stock. Peel Hunt raised shares of Interserve to an add rating and lowered their target price for the company from GBX 90 ($1.22) to GBX 80 ($1.08) in a research note on Friday, October 20th. Numis Securities lowered their target price on shares of Interserve from GBX 171 ($2.32) to GBX 92 ($1.25) and set a buy rating for the company in a research note on Tuesday, October 24th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Interserve from GBX 78 ($1.06) to GBX 68 ($0.92) and set a neutral rating for the company in a research note on Friday, October 20th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock 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 0.30 ($0.00) on Wednesday, hitting GBX 123.50 ($1.67). 1,623,897 shares of the stock were exchanged, compared to its average volume of 1,900,000. The stock has a market capitalization of $179.96 and a price-to-earnings ratio of -398.39. 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.
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