Interserve plc (LON:IRV) insider Adrian M. Ringrose purchased 34 shares of the stock in a transaction dated Tuesday, October 11th. The shares were acquired at an average price of GBX 359 ($4.44) per share, with a total value of £122.06 ($151.06).
Interserve plc (LON:IRV) opened at 339.50 on Friday. Interserve plc has a 52 week low of GBX 214.25 and a 52 week high of GBX 601.00. The company’s market cap is GBX 493.96 million. The firm has a 50-day moving average of GBX 396.20 and a 200-day moving average of GBX 354.16.
The company also recently disclosed a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 15th will be paid a GBX 8.10 ($0.10) dividend. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 15th.
IRV has been the topic of several recent analyst reports. Berenberg Bank lowered shares of Interserve plc to a “hold” rating in a research note on Friday, July 1st. Peel Hunt reissued a “buy” rating and set a GBX 450 ($5.57) price objective on shares of Interserve plc in a research note on Friday, July 8th. Beaufort Securities reissued a “buy” rating on shares of Interserve plc in a research note on Tuesday, September 20th. Numis Securities Ltd reissued a “buy” rating and set a GBX 535 ($6.62) price objective on shares of Interserve plc in a research note on Wednesday, August 10th. Finally, Liberum Capital reissued a “sell” rating and set a GBX 280 ($3.47) price objective on shares of Interserve plc in a research note on Friday, September 9th. 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’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 503.86 ($6.24).
Interserve plc Company Profile
Interserve Plc is a United Kingdom-based support services and construction company. The Company provides a range of integrated services in the outsourcing and construction markets. It has four operational segments: Support Services, Construction, Equipment Services and Investments. Support Services focuses on the management and delivery of operational services to both public and private-sector clients in the United Kingdom and internationally.
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