Interserve (IRV) Upgraded to “Buy” by Peel Hunt

Peel Hunt upgraded shares of Interserve (LON:IRV) to a buy rating in a report issued on Friday. They currently have GBX 140 ($1.90) price target on the stock, up from their previous price target of GBX 105 ($1.42).

IRV has been the topic of several other research reports. JPMorgan Chase & Co. boosted their price objective on shares of Interserve from GBX 78 ($1.06) to GBX 243 ($3.30) and gave the stock a neutral rating in a research note on Monday, September 18th. Numis Securities reissued a buy rating and set a GBX 171 ($2.32) price objective on shares of Interserve in a research note on Friday, September 22nd. Finally, Liberum Capital reissued a buy rating and set a GBX 180 ($2.44) price objective on shares of Interserve in a research note on Thursday, October 19th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Interserve presently has an average rating of Buy and a consensus target price of GBX 181.71 ($2.46).

Interserve (LON IRV) opened at GBX 121.03 ($1.64) on Friday. Interserve has a 12-month low of GBX 52.75 ($0.72) and a 12-month high of GBX 359.25 ($4.87). The stock has a market capitalization of $176.36 and a price-to-earnings ratio of -390.42.

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About Interserve

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.

Analyst Recommendations for Interserve (LON:IRV)

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