Serco Group plc (SRP) PT Lowered to GBX 135 at Deutsche Bank AG

Serco Group plc (LON:SRP) had its target price cut by Deutsche Bank AG from GBX 145 ($1.79) to GBX 135 ($1.67) in a research note released on Thursday morning. They currently have a hold rating on the stock.

SRP has been the subject of several other reports. Numis Securities Ltd reaffirmed a hold rating and set a GBX 130 ($1.61) price target on shares of Serco Group plc in a research note on Thursday, February 23rd. Peel Hunt reaffirmed a hold rating and set a GBX 120 ($1.48) price target on shares of Serco Group plc in a research note on Thursday, December 1st. Shore Capital reaffirmed a hold rating on shares of Serco Group plc in a research note on Wednesday, February 22nd. BNP Paribas reaffirmed an outperform rating and set a GBX 200 ($2.47) price target on shares of Serco Group plc in a research note on Tuesday, February 14th. Finally, JPMorgan Chase & Co. raised their price target on shares of Serco Group plc from GBX 140 ($1.73) to GBX 144 ($1.78) and gave the stock a neutral rating in a research note on Thursday, February 23rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 134.75 ($1.66).

Shares of Serco Group plc (LON:SRP) opened at 116.10 on Thursday. Serco Group plc has a one year low of GBX 90.25 and a one year high of GBX 151.10. The company’s market cap is GBX 1.26 billion. The firm has a 50-day moving average of GBX 129.93 and a 200 day moving average of GBX 135.81.

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