Servelec Group PLC (SERV) Price Target Cut to GBX 280 by Analysts at N+1 Singer

Servelec Group PLC (LON:SERV) had its price objective reduced by stock analysts at N+1 Singer from GBX 325 ($4.38) to GBX 280 ($3.78) in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. N+1 Singer’s price objective would suggest a potential upside of 17.40% from the stock’s previous close.

Shares of Servelec Group PLC (LON:SERV) opened at 238.50 on Wednesday. The firm’s market cap is GBX 164.99 million. Servelec Group PLC has a 12-month low of GBX 225.75 and a 12-month high of GBX 315.75. The stock’s 50 day moving average price is GBX 275.55 and its 200-day moving average price is GBX 282.41.

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About Servelec Group PLC

Servelec group plc is engaged in providing software, hardware and services to the health and social care, oil and gas, energy and utilities sectors. The Company’s segments include Servelec Health & Social Care, Servelec Controls and Servelec Technologies. Its Servelec Health & Social Care division develops enterprise-wide systems for implementation across community health, mental health, child health, social care and hospital-based services.

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