Credit Suisse Reiterates Neutral Rating for Serco Group plc (SRP)
Serco Group plc (LON:SRP)‘s stock had its “neutral” rating reiterated by analysts at Credit Suisse in a research report issued to clients and investors on Monday. They currently have a GBX 350 ($5.96) price target on the stock. Credit Suisse’s price target suggests a potential downside of 3.34% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Serco Group plc in a research note on Wednesday, June 18th. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Serco Group plc in a research note on Friday, June 13th. They now have a GBX 350 ($5.96) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Serco Group plc in a research note on Tuesday, June 10th. They now have a GBX 300 ($5.11) price target on the stock. Nine research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the company’s stock. Serco Group plc has a consensus rating of “Hold” and a consensus price target of GBX 414.59 ($7.06).
Serco Group plc (LON:SRP) opened at 363.30 on Monday. Serco Group plc has a 1-year low of GBX 313.20 and a 1-year high of GBX 689.45. The stock’s 50-day moving average is GBX 360.5 and its 200-day moving average is GBX 420.. The company’s market cap is £1.771 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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