Interserve plc’s (IRV) Buy Rating Reiterated at Beaufort Securities
A number of other equities analysts also recently commented on IRV. Peel Hunt reissued a buy rating and issued a GBX 450 ($5.87) price objective on shares of Interserve plc in a research note on Wednesday, May 25th. Liberum Capital reissued a buy rating and issued a GBX 625 ($8.16) price objective on shares of Interserve plc in a research note on Thursday, August 25th. JPMorgan Chase & Co. boosted their price objective on shares of Interserve plc from GBX 416 ($5.43) to GBX 425 ($5.55) and gave the stock an overweight rating in a research note on Thursday, August 11th. Jefferies Group reduced their price objective on shares of Interserve plc from GBX 570 ($7.44) to GBX 550 ($7.18) and set a buy rating for the company in a research note on Thursday, August 25th. Finally, Numis Securities Ltd reissued a buy rating and issued a GBX 535 ($6.98) price objective on shares of Interserve plc in a research note on Wednesday, August 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 503.86 ($6.58).
Shares of Interserve plc (LON:IRV) opened at 386.75 on Tuesday. Interserve plc has a 52 week low of GBX 214.25 and a 52 week high of GBX 615.00. The firm’s 50-day moving average price is GBX 392.45 and its 200 day moving average price is GBX 361.16. The stock’s market capitalization is GBX 562.71 million.
The firm also recently declared a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be given a dividend of GBX 8.10 ($0.11) per share. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 15th.
About Interserve plc
Interserve Plc is a United Kingdom-based support services and construction company. The Company provides a range of integrated services in the outsourcing and construction markets. It has four operational segments: Support Services, Construction, Equipment Services and Investments. Support Services focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally.
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