Interserve Shares Jump After Brexit Reassurance — Market Talk

0900 GMT Shares in Interserve are up 12% at 358p after it said it is retaining its full year outlook despite the turmoil surrounding the U.K.’s vote to leave the EU. The company reported an interim pretax loss of GBP33.8 million for the six months ended June 30, but this was after it incurred a GBP70 million charge related to its decision to exit the waste to energy conversion business. Analysts at Liberum are reassured the previously announced charge was not increased, but keeps sell rating and 230p target price. (rory.gallivan[a]wsj.com)

 
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