Trevor Bradbury Buys 224 Shares of Interserve plc (IRV) Stock
Interserve plc (LON:IRV) insider Trevor Bradbury purchased 224 shares of the stock in a transaction dated Tuesday, December 12th. The stock was purchased at an average cost of GBX 67 ($0.90) per share, for a total transaction of £150.08 ($201.99).
Interserve plc (LON IRV) opened at GBX 69.74 ($0.94) on Thursday. Interserve plc has a 12 month low of GBX 52.75 ($0.71) and a 12 month high of GBX 359.75 ($4.84).
IRV has been the topic of a number of research analyst reports. Peel Hunt raised Interserve to an “add” rating and lowered their price target for the stock from GBX 90 ($1.21) to GBX 80 ($1.08) in a research note on Friday, October 20th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 150 ($2.02) price target on shares of Interserve in a research note on Tuesday, October 31st. Numis Securities lowered their price target on Interserve from GBX 171 ($2.30) to GBX 92 ($1.24) and set a “buy” rating on the stock in a research note on Tuesday, October 24th. Berenberg Bank lowered their price target on Interserve from GBX 260 ($3.50) to GBX 200 ($2.69) and set a “hold” rating on the stock in a research note on Tuesday, August 29th. Finally, J P Morgan Chase & Co lowered their price target on Interserve from GBX 78 ($1.05) to GBX 68 ($0.92) and set a “neutral” rating on the stock in a research note on Friday, October 20th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 164.29 ($2.21).
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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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