Interserve Price Target Raised to $7.99 at JP Morgan Cazenove (IRV)

Interserve (LON: IRV) had its price target raised by JP Morgan Cazenove from $7.00 (466 GBX) to $7.99 (531 GBX) in a research report released on Thursday morning. JP Morgan Cazenove currently has an overweight rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a buy rating on shares of Interserve in a research note to investors on Friday. They now have a $7.51 price target on the stock, down previously from $7.51. Separately, analysts at UBS AG raised their price target on shares of Interserve from $5.23 to $5.69 in a research note to investors on Thursday. They now have a sell rating on the stock. Finally, analysts at HB Markets reiterated a buy rating on shares of Interserve in a research note to investors on Thursday.

Interserve traded up 0.22% on Thursday, hitting GBX 491.10. Interserve has a 52 week low of GBX 268.50 and a 52 week high of GBX 497.30. The stock’s 50-day moving average is currently GBX 365.7. The company’s market cap is £623.2 million.

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