Serco Group plc Rating Reiterated by Liberum Capital (SRP)
Serco Group plc (LON:SRP)‘s stock had its “hold” rating restated by research analysts at Liberum Capital in a report released on Monday. They currently have a GBX 350 ($5.98) price objective on the stock. Liberum Capital’s target price would indicate a potential downside of 3.05% from the stock’s previous close.
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 Friday, July 11th. They now have a GBX 350 ($5.98) price target on the stock. Separately, analysts at HSBC reiterated an “underweight” rating on shares of Serco Group plc in a research note on Thursday, July 10th. They now have a GBX 240 ($4.10) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Serco Group plc in a research note on Tuesday, July 8th. They now have a GBX 300 ($5.13) price target on the stock. Nine research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and one has given a buy rating to the company. Serco Group plc presently has an average rating of “Hold” and a consensus target price of GBX 354.56 ($6.06).
Shares of Serco Group plc (LON:SRP) remained flat at GBX 361.00 during during mid-day trading trading on Monday. The stock had a trading volume of 1,295,288 shares. Serco Group plc has a one year low of GBX 313.20 and a one year high of GBX 646.50. The stock’s 50-day moving average is GBX 364.2 and its 200-day moving average is GBX 408.0. The company’s market cap is £1.760 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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