Peel Hunt reaffirmed their buy rating on shares of Interserve plc (LON:IRV) in a report released on Monday morning. They currently have a GBX 450 ($5.57) price target on the stock.
A number of other research analysts also recently issued reports on IRV. Berenberg Bank downgraded shares of Interserve plc to a hold rating in a research report on Friday, July 1st. JPMorgan Chase & Co. cut their target price on shares of Interserve plc from GBX 500 ($6.19) to GBX 416 ($5.15) and set an overweight rating on the stock in a research report on Friday, July 8th. Numis Securities Ltd restated a buy rating and set a GBX 535 ($6.62) target price on shares of Interserve plc in a research report on Wednesday, August 10th. Beaufort Securities restated a buy rating on shares of Interserve plc in a research report on Thursday, August 11th. Finally, Jefferies Group cut their target price on shares of Interserve plc from GBX 570 ($7.05) to GBX 550 ($6.81) and set a buy rating on the stock in a research report on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. Interserve plc currently has a consensus rating of Buy and an average price target of GBX 503.86 ($6.24).
Interserve plc (LON:IRV) opened at 347.25 on Monday. The stock has a 50 day moving average of GBX 397.39 and a 200 day moving average of GBX 353.76. Interserve plc has a 52 week low of GBX 214.25 and a 52 week high of GBX 601.00. The firm’s market cap is GBX 505.23 million.
The firm also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 15th will be paid a dividend of GBX 8.10 ($0.10) per share. The ex-dividend date of this dividend is Thursday, September 15th. This represents a yield of 2.17%.