Interserve plc (IRV) Given Neutral Rating at J P Morgan Chase & Co
J P Morgan Chase & Co reaffirmed their neutral rating on shares of Interserve plc (LON:IRV) in a research report released on Tuesday. The firm currently has a GBX 243 ($3.14) target price on the stock.
Several other research firms have also recently commented on IRV. Peel Hunt reissued a reduce rating and set a GBX 200 ($2.58) target price on shares of Interserve plc in a research note on Wednesday, August 9th. Liberum Capital reissued a hold rating and set a GBX 240 ($3.10) target price on shares of Interserve plc in a research note on Wednesday, August 9th. Berenberg Bank lowered their target price on Interserve plc from GBX 260 ($3.36) to GBX 200 ($2.58) and set a hold rating for the company in a research note on Tuesday, August 29th. Finally, Numis Securities Ltd reissued a buy rating and set a GBX 395 ($5.10) target price on shares of Interserve plc in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Interserve plc has a consensus rating of Hold and an average price target of GBX 262.57 ($3.39).
Shares of Interserve plc (IRV) opened at 157.50 on Tuesday. The company’s 50 day moving average price is GBX 193.46 and its 200-day moving average price is GBX 220.22. Interserve plc has a 52 week low of GBX 153.75 and a 52 week high of GBX 427.00. The stock’s market capitalization is GBX 229.50 million.
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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