Interserve (LON:IRV) Receives Buy Rating from Numis Securities

Numis Securities reissued their buy rating on shares of Interserve (LON:IRV) in a report issued on Thursday, March 22nd. Numis Securities currently has a GBX 124 ($1.78) price target on the stock.

A number of other research firms also recently issued reports on IRV. Peel Hunt reiterated a buy rating and set a GBX 140 ($2.00) price target on shares of Interserve in a research report on Tuesday, January 23rd. Liberum Capital lifted their price target on shares of Interserve from GBX 150 ($2.15) to GBX 180 ($2.58) and gave the company a buy rating in a research report on Wednesday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 122.83 ($1.76).

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Shares of IRV stock traded up GBX 1.35 ($0.02) during midday trading on Thursday, reaching GBX 84.55 ($1.21). 622,825 shares of the company traded hands, compared to its average volume of 2,640,000. Interserve has a 1-year low of GBX 52.75 ($0.76) and a 1-year high of GBX 249.75 ($3.58).

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Interserve Company Profile

Interserve Plc provides advice, design, construction, equipment, facilities management and frontline public services in the United Kingdom and internationally. Its Support Services segment offers outsourced support services to public and private sector clients. The company's Construction segment designs, constructs, and maintains buildings and infrastructure.

Analyst Recommendations for Interserve (LON:IRV)

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