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Serco Group plc (LON:SRP)‘s stock had its “sell” rating reaffirmed by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 365 ($6.07) price target on the stock. Cantor Fitzgerald Europe’s price target indicates a potential downside of 9.83% from the company’s current price.

Shares of Serco Group plc (LON:SRP) opened at 411.30 on Monday. Serco Group plc has a 52 week low of GBX 392.40 and a 52 week high of GBX 689.45. The stock’s 50-day moving average is GBX 462.8 and its 200-day moving average is GBX 510.7. The company’s market cap is £2.016 billion.

SRP has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Serco Group plc in a research note on Friday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Serco Group plc in a research note on Friday. They now have a GBX 475 ($7.90) price target on the stock. Finally, analysts at UBS AG cut their price target on shares of Serco Group plc from GBX 505 ($8.40) to GBX 400 ($6.65) in a research note on Friday, February 14th. They now have a “neutral” rating on the stock. Eight equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 508.45 ($8.46).

Serco Group plc is a United-Kingdom based international service company. The Company provides end-to-end business process outsourcing (LON:SRP) services to public and private sector customers.

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