Serco Group plc Given “Equal Weight” Rating at Barclays (SRP)
Serco Group plc (LON:SRP)‘s stock had its “equal weight” rating reiterated by Barclays in a research note issued on Tuesday. They currently have a GBX 355 ($6.05) target price on the stock. Barclays’ price target indicates a potential downside of 2.87% from the stock’s previous close.
Serco Group plc (LON:SRP) opened at 365.20 on Tuesday. Serco Group plc has a one year low of GBX 313.20 and a one year high of GBX 689.45. The stock’s 50-day moving average is GBX 361.3 and its 200-day moving average is GBX 419.6. The company’s market cap is £1.780 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Serco Group plc in a research note on Monday. They now have a GBX 350 ($5.96) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Serco Group plc in a research note on Wednesday, June 18th. Finally, 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. Nine 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. The company presently has a consensus rating of “Hold” and an average price target of GBX 400.18 ($6.82).
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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