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Several investment firms have updated their stock ratings and price targets on shares of Serco Group plc (LON: SRP) in the last week:

  • Serco Group plc had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 300 ($5.02) price target on the stock.
  • Serco Group plc had its price target lowered by analysts at Investec from GBX 310 ($5.18) to GBX 290 ($4.85). They now have a “sell” rating on the stock.
  • Serco Group plc had its “hold” rating reaffirmed by analysts at Oriel Securities Ltd.
  • Serco Group plc had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 340 ($5.68) price target on the stock.
  • Serco Group plc had its price target lowered by analysts at Berenberg Bank from GBX 340 ($5.68) to GBX 310 ($5.18). They now have a “hold” rating on the stock.

Serco Group plc (LON:SRP) traded up 0.60% on Monday, hitting GBX 316.50. The stock had a trading volume of 510,658 shares. Serco Group plc has a 1-year low of GBX 308.20 and a 1-year high of GBX 626.00. The stock has a 50-day moving average of GBX 353. and a 200-day moving average of GBX 387.9. The company’s market cap is £1.594 billion.

The company also recently declared a dividend, which is scheduled for Friday, October 17th. Shareholders of record on Wednesday, September 3rd will be given a dividend of GBX 3.10 ($0.05) per share. This represents a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, September 3rd.

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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