Serco Group plc (SRP) to Release Earnings on Tuesday
Serco Group plc (LON:SRP) is scheduled to post its quarterly earnings results on Tuesday, August 12th. Investors that wish to listen to the company’s conference call can do so using this link.
Serco Group plc (LON:SRP) traded down 0.03% on Monday, hitting GBX 328.60. 1,149,003 shares of the company’s stock traded hands. Serco Group plc has a 1-year low of GBX 313.20 and a 1-year high of GBX 626.00. The stock’s 50-day moving average is GBX 358.6 and its 200-day moving average is GBX 394.4. The company’s market cap is £1.602 billion.
A number of research firms have recently commented on SRP. Analysts at Numis Securities Ltd downgraded shares of Serco Group plc to a “reduce” rating in a research note on Wednesday, August 6th. They now have a GBX 295 ($4.95) price target on the stock, down previously from GBX 360 ($6.04). On a related note, analysts at Jefferies Group cut their price target on shares of Serco Group plc from GBX 435 ($7.30) to GBX 340 ($5.70) in a research note on Wednesday, July 23rd. They now have a “hold” rating on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Serco Group plc in a research note on Monday, July 21st. They now have a GBX 350 ($5.87) price target on the stock. Ten analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has given a buy rating to the company. Serco Group plc has a consensus rating of “Hold” and a consensus target price of GBX 345.67 ($5.80).
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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