Serco Group (SRP) Stock Rating Reaffirmed by Shore Capital

Serco Group (LON:SRP)‘s stock had its “hold” rating reissued by equities researchers at Shore Capital in a research note issued to investors on Friday.

Several other brokerages also recently weighed in on SRP. UBS Group reissued a “buy” rating and set a GBX 140 ($1.82) price target on shares of Serco Group in a research report on Thursday, June 7th. Liberum Capital reissued a “sell” rating on shares of Serco Group in a research report on Thursday, August 2nd. Peel Hunt reissued a “reduce” rating on shares of Serco Group in a research report on Thursday, August 2nd. Finally, Jefferies Financial Group reduced their price target 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. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Serco Group presently has a consensus rating of “Hold” and a consensus target price of GBX 109.18 ($1.42).

SRP stock opened at GBX 101.60 ($1.32) on Friday. Serco Group has a 52-week low of GBX 82.25 ($1.07) and a 52-week high of GBX 123.60 ($1.61).

Serco Group Company Profile

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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Analyst Recommendations for Serco Group (LON:SRP)

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