Serco Group plc (SRP) Declares Dividend of GBX 3.10
Serco Group plc (LON:SRP) declared a dividend on Tuesday, August 12th, AR Network reports. Shareholders of record on Wednesday, September 3rd will be given a dividend of GBX 3.10 ($0.05) per share on Friday, October 17th. This represents a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, September 3rd. The official announcement can be accessed at this link.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Serco Group plc in a research note on Tuesday. They now have a GBX 300 ($5.03) price target on the stock. On the ratings front, analysts at Investec cut their price target on shares of Serco Group plc from GBX 310 ($5.20) to GBX 290 ($4.86) in a research note on Tuesday. They now have a “sell” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Serco Group plc in a research note on Tuesday. Ten investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has assigned a buy rating to the company. Serco Group plc has a consensus rating of “Hold” and an average target price of GBX 342.89 ($5.75).
Shares of Serco Group plc (LON:SRP) traded up 0.49% on Tuesday, hitting GBX 330.50. The stock had a trading volume of 6,414,573 shares. Serco Group plc has a one year low of GBX 313.20 and a one year high of GBX 626.00. The stock’s 50-day moving average is GBX 356.7 and its 200-day moving average is GBX 390.3. The company’s market cap is £1.611 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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