Shares of Serco Group plc (LON:SRP) have been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 141.91 ($1.83).

SRP has been the subject of several analyst reports. Peel Hunt raised their price target on shares of Serco Group plc from GBX 138 ($1.78) to GBX 139 ($1.79) and gave the company a “hold” rating in a research report on Tuesday, January 24th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 200 ($2.58) target price on shares of Serco Group plc in a research report on Tuesday, February 14th. Shore Capital reaffirmed a “hold” rating on shares of Serco Group plc in a research report on Wednesday, February 22nd. Liberum Capital downgraded shares of Serco Group plc to a “sell” rating and cut their target price for the stock from GBX 135 ($1.74) to GBX 120 ($1.55) in a research report on Wednesday, February 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Serco Group plc from GBX 140 ($1.81) to GBX 144 ($1.86) and gave the stock a “neutral” rating in a research report on Thursday, February 23rd.

In related news, insider Angus Cockburn purchased 116,175 shares of Serco Group plc stock in a transaction on Tuesday, May 9th. The shares were bought at an average cost of GBX 120 ($1.55) per share, for a total transaction of £139,410 ($179,953.53).

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Shares of Serco Group plc (LON:SRP) traded up 1.59% during mid-day trading on Tuesday, reaching GBX 121.60. The company’s stock had a trading volume of 885,798 shares. The company has a 50-day moving average of GBX 115.58 and a 200-day moving average of GBX 131.13. Serco Group plc has a 12 month low of GBX 90.25 and a 12 month high of GBX 151.10. The company’s market cap is GBX 1.32 billion.

Serco Group plc Company Profile

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