Serco Group plc’s (SRP) Hold Rating Reaffirmed at Shore Capital
Serco Group plc (LON:SRP)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital in a research note issued on Tuesday, May 16th.
Several other analysts have also recently commented on the company. Credit Suisse Group AG boosted their price target on Serco Group plc from GBX 110 ($1.43) to GBX 120 ($1.56) and gave the stock a “neutral” rating in a research report on Wednesday, May 10th. Barclays PLC reiterated an “overweight” rating and set a GBX 150 ($1.95) price target on shares of Serco Group plc in a research report on Friday, March 31st. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 144 ($1.87) price target on shares of Serco Group plc in a research report on Friday, March 17th. Liberum Capital reiterated a “hold” rating on shares of Serco Group plc in a research report on Thursday, March 16th. Finally, Deutsche Bank AG dropped their price target on Serco Group plc from GBX 145 ($1.89) to GBX 135 ($1.76) and set a “hold” rating for the company in a research report on Thursday, March 16th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company’s stock. Serco Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 140.08 ($1.82).
Serco Group plc (LON:SRP) traded down 0.8326% on Tuesday, hitting GBX 119.0821. The stock had a trading volume of 1,823,034 shares. The company’s market cap is GBX 1.30 billion. The company has a 50-day moving average of GBX 117.53 and a 200 day moving average of GBX 130.15. Serco Group plc has a 12 month low of GBX 94.95 and a 12 month high of GBX 151.10.
In other Serco Group plc news, insider Angus Cockburn purchased 12,217 shares of the firm’s stock in a transaction dated Tuesday, April 18th. The shares were acquired at an average price of GBX 112 ($1.46) per share, with a total value of £13,683.04 ($17,800.23).
Serco Group plc Company Profile
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