Numis Securities Reaffirms Buy Rating for Interserve (LON:IRV)

Numis Securities reiterated their buy rating on shares of Interserve (LON:IRV) in a research report report published on Wednesday, January 10th. The brokerage currently has a GBX 124 ($1.74) price objective on the stock.

Several other research analysts have also recently issued reports on IRV. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 243 ($3.41) target price on shares of Interserve in a report on Tuesday, September 12th. Liberum Capital restated a buy rating and issued a GBX 240 ($3.37) price target (up from GBX 180 ($2.53)) on shares of Interserve in a report on Thursday, September 14th. Finally, Peel Hunt restated a reduce rating on shares of Interserve in a report on Thursday, September 14th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 181.71 ($2.55).

Interserve (LON IRV) traded down GBX 20.95 ($0.29) during mid-day trading on Wednesday, reaching GBX 85.85 ($1.21). 5,470,000 shares of the company traded hands, compared to its average volume of 1,790,000. The stock has a market cap of $125.10 and a P/E ratio of -276.94. Interserve has a 52 week low of GBX 52.75 ($0.74) and a 52 week high of GBX 359.25 ($5.04).

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Interserve Company Profile

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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