Serco Group plc Given Underperform Rating at RBC Capital (SRP)
Serco Group plc (LON:SRP)‘s stock had its “underperform” rating reaffirmed by research analysts at RBC Capital in a report released on Monday. They currently have a GBX 300 ($5.03) target price on the stock. RBC Capital’s price target indicates a potential downside of 19.27% from the company’s current price.
A number of other firms have also recently commented on SRP. Analysts at Cantor Fitzgerald Europe reiterated a “sell” rating on shares of Serco Group plc in a research note on Tuesday, May 27th. They now have a GBX 300 ($5.03) 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 ($5.87) price target on the stock. 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 stock currently has a consensus rating of “Hold” and a consensus target price of GBX 421.65 ($7.07).
Serco Group plc (LON:SRP) opened at 385.00 on Monday. Serco Group plc has a 52 week low of GBX 313.20 and a 52 week high of GBX 689.45. The stock has a 50-day moving average of GBX 372.3 and a 200-day moving average of GBX 431.8. The company’s market cap is £1.877 billion.
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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