JPMorgan Chase & Co. reiterated their neutral rating on shares of Serco Group plc (LON:SRP) in a report published on Friday. JPMorgan Chase & Co. currently has a GBX 133 ($1.74) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Jefferies Group reaffirmed a buy rating and issued a GBX 157 ($2.05) price objective on shares of Serco Group plc in a research report on Friday, August 5th. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 125 ($1.63) price objective on shares of Serco Group plc in a research report on Sunday, August 7th. Peel Hunt reaffirmed a hold rating and issued a GBX 80 ($1.04) price objective on shares of Serco Group plc in a research report on Wednesday, August 3rd. Citigroup Inc. reaffirmed a neutral rating and issued a GBX 130 ($1.70) price objective on shares of Serco Group plc in a research report on Wednesday, August 31st. Finally, Credit Suisse Group AG boosted their price objective on shares of Serco Group plc from GBX 100 ($1.31) to GBX 110 ($1.44) and gave the company a neutral rating in a research report on Wednesday, July 6th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 117.85 ($1.54).
Shares of Serco Group plc (LON:SRP) opened at 133.30 on Friday. The stock has a 50 day moving average price of GBX 130.77 and a 200 day moving average price of GBX 110.95. Serco Group plc has a 12 month low of GBX 75.93 and a 12 month high of GBX 138.00. The firm’s market capitalization is GBX 1.45 billion.
In other Serco Group plc news, insider Cockburn,Angus sold 11,071 shares of the stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of GBX 130 ($1.70), for a total transaction of £14,392.30 ($18,786.45).
Serco Group plc Company Profile
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