Interserve plc (LON:IRV) Receives Buy Rating from Numis Securities Ltd
Interserve plc (LON:IRV)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities Ltd in a report released on Wednesday. They currently have a GBX 395 ($5.14) price objective on the stock. Numis Securities Ltd’s target price points to a potential upside of 76.93% from the stock’s previous close.
Several other research firms have also recently issued reports on IRV. Liberum Capital restated a “hold” rating and set a GBX 240 ($3.13) target price on shares of Interserve plc in a research note on Monday, June 26th. Peel Hunt restated a “reduce” rating and set a GBX 200 ($2.60) target price on shares of Interserve plc in a research note on Friday, May 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 273.57 ($3.56).
Shares of Interserve plc (LON:IRV) opened at 217.50 on Wednesday. The stock’s market cap is GBX 315.90 million. The stock has a 50 day moving average of GBX 232.71 and a 200 day moving average of GBX 244.94. Interserve plc has a one year low of GBX 205.00 and a one year high of GBX 449.38.
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About Interserve plc
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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