Interserve (IRV) Receives GBX 107.60 Consensus PT from Analysts

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Shares of Interserve (LON:IRV) have received a consensus recommendation of “Buy” from the six research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 107.60 ($1.43).

A number of equities analysts recently commented on the company. Numis Securities reiterated a “buy” rating on shares of Interserve in a research report on Monday, April 30th. Liberum Capital reiterated a “buy” rating and set a GBX 180 ($2.40) price objective on shares of Interserve in a research report on Monday, April 30th. Peel Hunt reiterated a “buy” rating and set a GBX 140 ($1.86) price objective on shares of Interserve in a research report on Monday, April 30th. Stifel Nicolaus upgraded Interserve to a “buy” rating and lifted their price objective for the stock from GBX 115 ($1.53) to GBX 130 ($1.73) in a research report on Thursday, March 22nd. Finally, Berenberg Bank reduced their price objective on Interserve from GBX 120 ($1.60) to GBX 95 ($1.26) and set a “hold” rating on the stock in a research report on Friday, March 23rd.

In other Interserve news, insider Mark Whiteling bought 30,000 shares of Interserve stock in a transaction on Monday, April 30th. The shares were bought at an average price of GBX 94 ($1.25) per share, for a total transaction of £28,200 ($37,544.93). Also, insider Nicholas Pollard bought 7,723 shares of Interserve stock in a transaction on Wednesday, June 27th. The stock was acquired at an average price of GBX 64 ($0.85) per share, for a total transaction of £4,942.72 ($6,580.64). Insiders acquired 74,823 shares of company stock worth $6,282,272 in the last 90 days.

Shares of Interserve stock opened at GBX 63 ($0.84) on Friday. Interserve has a one year low of GBX 52.75 ($0.70) and a one year high of GBX 249.75 ($3.33).

Interserve Company Profile

Interserve Plc provides advice, design, construction, equipment, facilities management, and citizen services in the United Kingdom and internationally. Its Support Services segment offers 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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