Serco Group (SRP) Stock Rating Reaffirmed by Shore Capital
Serco Group (LON:SRP)‘s stock had its “hold” rating restated by Shore Capital in a report issued on Friday.
A number of other equities research analysts also recently issued reports on the stock. Peel Hunt reissued a “reduce” rating on shares of Serco Group in a research report on Tuesday, September 11th. Jefferies Financial Group cut their price objective on shares of Serco Group from GBX 168 ($2.19) to GBX 123 ($1.60) and set a “buy” rating for the company in a research report on Monday, August 6th. Liberum Capital reissued a “sell” rating on shares of Serco Group in a research report on Wednesday, June 6th. Finally, UBS Group reissued a “buy” rating and set a GBX 140 ($1.82) price objective on shares of Serco Group in a research report on Thursday, June 7th. Four analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 109.18 ($1.42).
Shares of SRP stock opened at GBX 101.60 ($1.32) on Friday. Serco Group has a 1 year low of GBX 82.25 ($1.07) and a 1 year high of GBX 123.60 ($1.61).
Serco Group plc provides public services in the Asia Pacific, the Middle East, Europe, the United Kingdom, and North America. It provides defense, health, justice and immigration, transport, and citizen services. The company also offers non-clinical support services to hospitals; environmental and leisure services, as well as a range of front, middle, and back-office services to public sector customers; and IT services.
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