Serco Group plc (SRP) Insider Purchases £58,000 in Stock
Serco Group plc (LON:SRP) insider Ian El-Mokadem acquired 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average price of GBX 116 ($1.53) per share, with a total value of £58,000 ($76,507.06).
Shares of Serco Group plc (SRP) opened at 114.40 on Friday. The company’s market cap is GBX 1.25 billion. The stock has a 50 day moving average of GBX 114.23 and a 200-day moving average of GBX 121.47. Serco Group plc has a 12 month low of GBX 109.20 and a 12 month high of GBX 151.10.
A number of brokerages recently issued reports on SRP. J P Morgan Chase & Co decreased their price objective on shares of Serco Group plc from GBX 144 ($1.90) to GBX 142 ($1.87) and set a “neutral” rating for the company in a report on Friday. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 168 ($2.22) price target on shares of Serco Group plc in a research note on Friday. Shore Capital reaffirmed a “hold” rating on shares of Serco Group plc in a research note on Thursday. Liberum Capital reaffirmed a “hold” rating and issued a GBX 120 ($1.58) price target on shares of Serco Group plc in a research note on Thursday. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a GBX 175 ($2.31) price target on shares of Serco Group plc in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 136.77 ($1.80).
Serco Group plc Company Profile
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