Serco Group plc (SRP) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Serco Group plc (LON:SRP)‘s stock had its “neutral” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued on Friday. They presently have a GBX 144 ($1.78) price objective on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 24.03% from the stock’s current price.
A number of other research analysts have also recently commented on the company. Shore Capital restated a “hold” rating on shares of Serco Group plc in a research report on Thursday, March 16th. Liberum Capital restated a “hold” rating on shares of Serco Group plc in a research report on Thursday, March 16th. Deutsche Bank AG decreased their price target on Serco Group plc from GBX 145 ($1.79) to GBX 135 ($1.67) and set a “hold” rating on the stock in a research report on Thursday, March 16th. HSBC Holdings plc restated a “hold” rating and issued a GBX 130 ($1.61) price target on shares of Serco Group plc in a research report on Friday, February 24th. Finally, Jefferies Group LLC restated a “buy” rating and issued a GBX 168 ($2.07) price target on shares of Serco Group plc in a research report on Friday, February 24th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Serco Group plc presently has an average rating of “Hold” and a consensus target price of GBX 134.75 ($1.66).
Shares of Serco Group plc (LON:SRP) opened at 116.10 on Friday. Serco Group plc has a 52-week low of GBX 90.25 and a 52-week high of GBX 151.10. The stock’s market capitalization is GBX 1.26 billion. The company has a 50 day moving average price of GBX 129.93 and a 200-day moving average price of GBX 135.81.
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