Beaufort Securities reiterated Interserve PLC (LON:IRV) to Buy in a report released today.
- Updated: October 18, 2016
Beaufort Securities has reiterated Interserve PLC (LON:IRV) to Buy in a report released on 10/18/2016.
Previously on 10/10/2016, Peel Hunt reported on Interserve PLC (LON:IRV) held steady the target price at 450.00GBX. At the time, this indicated a possible upside of 0.30%.
Yesterday Interserve PLC (LON:IRV) traded 5.27% higher at 369.25GBX. The company’s 50-day moving average is 390.64GBX and its 200-day moving average is 351.54GBX. The last closing price is up 5.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 655,943 shares of the stock traded hands, up from an average trading volume of 543,780
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Interserve PLC has a 52 week low of 214.25GBX and a 52 week high of 595.50GBX with a P/E ratio of 184.62 The company’s market cap is currently 0 GBX.
In addition to Beaufort Securities reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is 464.57GBX with 4 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Interserve PLC (LON:IRV)
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. The Support Services segment focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally. The Construction segment offers design, development, consultancy and construction services for building and infrastructure projects. The Equipment Services segment operates globally, designing, hiring and selling formwork and falsework solutions for use in infrastructure and building projects. It provides outsourced services in sectors, such as hospitality, leisure, education, defense, retail, and oil and gas across the Middle East region.
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