David Eveleigh Sells 172,243 Shares of Serco Group plc (LON:SRP) Stock
Serco Group plc (LON:SRP) insider David Eveleigh sold 172,243 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of GBX 139 ($1.82), for a total transaction of £239,417.77 ($312,841.72).
Shares of Serco Group stock opened at GBX 139.40 ($1.82) on Monday. Serco Group plc has a 52-week low of GBX 83.60 ($1.09) and a 52-week high of GBX 149 ($1.95). The stock has a market cap of $1.71 billion and a PE ratio of 30.98. The firm has a fifty day simple moving average of GBX 141.72. The company has a quick ratio of 1.03, a current ratio of 1.07 and a debt-to-equity ratio of 72.42.
SRP has been the topic of a number of research analyst reports. Peel Hunt reissued an “add” rating and issued a GBX 146 ($1.91) price target on shares of Serco Group in a report on Wednesday, July 3rd. UBS Group reissued a “buy” rating on shares of Serco Group in a report on Monday, July 29th. Numis Securities reissued a “hold” rating and issued a GBX 140 ($1.83) price target (up previously from GBX 110 ($1.44)) on shares of Serco Group in a report on Friday, May 24th. Peel Hunt reissued an “add” rating on shares of Serco Group in a report on Monday, July 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Serco Group from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the company a “neutral” rating in a research note on Friday, June 28th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 145.27 ($1.90).
Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. The company offers base and operational support engineering, and management and information, as well as nuclear, space, and maritime services for the defense sector; and custodial, immigration detention, and detainee transport and monitoring services for the justice and immigration sectors.
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