Serco Group plc (SRP) Given “Neutral” Rating at JPMorgan Chase & Co.

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 144 ($1.78) target price on the stock.

SRP has been the topic of a number of other reports. Numis Securities Ltd restated a hold rating and issued a GBX 130 ($1.61) price objective on shares of Serco Group plc in a research note on Thursday, February 23rd. Peel Hunt restated a hold rating and issued a GBX 120 ($1.48) price objective on shares of Serco Group plc in a research note on Thursday, December 1st. Shore Capital restated a hold rating on shares of Serco Group plc in a research note on Wednesday, February 22nd. Deutsche Bank AG dropped their price objective on shares of Serco Group plc from GBX 145 ($1.79) to GBX 135 ($1.67) and set a hold rating on the stock in a research note on Thursday. Finally, Liberum Capital restated a hold rating on shares of Serco Group plc in a research note on Thursday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 134.75 ($1.66).

Shares of Serco Group plc (LON:SRP) traded down 0.77% on Friday, reaching GBX 116.10. 3,067,830 shares of the company were exchanged. Serco Group plc has a 52-week low of GBX 90.25 and a 52-week high of GBX 151.10. The company’s market capitalization is GBX 1.26 billion. The stock has a 50 day moving average of GBX 131.18 and a 200-day moving average of GBX 135.78.

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