Interserve plc (IRV) Stock Rating Reaffirmed by Liberum Capital
Interserve plc (LON:IRV)‘s stock had its “sell” rating reiterated by research analysts at Liberum Capital in a research note issued to investors on Monday. They presently have a GBX 280 ($3.47) price target on the stock. Liberum Capital’s price target suggests a potential downside of 21.29% from the company’s current price.
A number of other research firms have also weighed in on IRV. Jefferies Group lowered their target price on Interserve plc from GBX 570 ($7.05) to GBX 550 ($6.81) and set a “buy” rating for the company in a report on Thursday, August 25th. Beaufort Securities restated a “buy” rating on shares of Interserve plc in a report on Tuesday, September 20th. JPMorgan Chase & Co. upped their target price on Interserve plc from GBX 416 ($5.15) to GBX 425 ($5.26) and gave the stock an “overweight” rating in a report on Thursday, August 11th. Peel Hunt restated a “buy” rating and set a GBX 450 ($5.57) target price on shares of Interserve plc in a report on Wednesday, August 10th. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 535 ($6.62) target price on shares of Interserve plc in a report 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 issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 503.86 ($6.24).
Interserve plc (LON:IRV) opened at 355.18 on Monday. The company’s 50-day moving average price is GBX 399.57 and its 200 day moving average price is GBX 354.30. The stock’s market capitalization is GBX 516.77 million. Interserve plc has a 52-week low of GBX 214.25 and a 52-week high of GBX 612.50.
The company also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 15th will be given a GBX 8.10 ($0.10) dividend. This represents a dividend yield of 2.17%. The ex-dividend date 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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