Serco Group plc Receives Average Rating of “Hold” from Analysts (LON:SRP)
Shares of Serco Group plc (LON:SRP) have earned a consensus recommendation of “Hold” from the twenty-five analysts that are covering the stock, StockRatingsNetwork reports. Ten investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 424.59 ($7.15).
Serco Group plc (LON:SRP) opened at 368.00 on Wednesday. Serco Group plc has a 52 week low of GBX 313.20 and a 52 week high of GBX 689.45. The stock’s 50-day moving average is GBX 376.6 and its 200-day moving average is GBX 433.8. The company’s market cap is £1.794 billion.
Several analysts have recently commented on the stock. Analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Serco Group plc in a research note on Tuesday. They now have a GBX 300 ($5.05) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Serco Group plc in a research note on Friday, May 23rd. They now have a GBX 350 ($5.89) price target on the stock.
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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