Serco Group (SRP) Stock Rating Reaffirmed by J P Morgan Chase & Co
Serco Group (LON:SRP)‘s stock had its “neutral” rating reissued by research analysts at J P Morgan Chase & Co in a research note issued on Thursday. They presently have a GBX 142 ($1.91) price target on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 51.14% from the company’s current price.
A number of other equities analysts have also recently issued reports on the company. Liberum Capital restated a “sell” rating and set a GBX 100 ($1.35) price objective on shares of Serco Group in a report on Wednesday. Shore Capital restated a “hold” rating on shares of Serco Group in a report on Wednesday. HSBC dropped their price objective on Serco Group from GBX 130 ($1.75) to GBX 105 ($1.41) and set a “hold” rating for the company in a report on Friday, November 17th. Finally, Peel Hunt restated a “hold” rating and set a GBX 123 ($1.66) price objective on shares of Serco Group in a report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. Serco Group currently has a consensus rating of “Hold” and an average target price of GBX 130.09 ($1.75).
Serco Group (LON SRP) opened at GBX 93.95 ($1.26) on Thursday. Serco Group has a 1-year low of GBX 90.40 ($1.22) and a 1-year high of GBX 151.10 ($2.03).
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