JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Serco Group plc (LON:SRP) in a research report released on Friday morning. JPMorgan Chase & Co. currently has a GBX 133 ($1.74) price target on the stock.
Several other analysts also recently issued reports on the company. Deutsche Bank AG lifted their price target on Serco Group plc from GBX 125 ($1.63) to GBX 130 ($1.70) and gave the company a hold rating in a research note on Tuesday, September 13th. Peel Hunt lifted their target price on Serco Group plc from GBX 80 ($1.04) to GBX 120 ($1.57) and gave the company a hold rating in a research report on Friday, September 2nd. Citigroup Inc. reaffirmed a neutral rating and issued a GBX 130 ($1.70) target price on shares of Serco Group plc in a research report on Wednesday, August 31st. BNP Paribas reaffirmed an outperform rating and issued a GBX 150 ($1.96) target price on shares of Serco Group plc in a research report on Wednesday, August 10th. Finally, Jefferies Group reaffirmed a buy rating and issued a GBX 157 ($2.05) target price on shares of Serco Group plc in a research report on Friday, August 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. Serco Group plc presently has an average rating of Hold and an average target price of GBX 117.85 ($1.54).
Shares of Serco Group plc (LON:SRP) opened at 132.60 on Friday. The company’s market cap is GBX 1456.70 billion. The firm has a 50 day moving average price of GBX 130.92 and a 200-day moving average price of GBX 111.66. Serco Group plc has a 12 month low of GBX 75.93 and a 12 month high of GBX 138.00.
In related news, insider Cockburn,Angus sold 11,071 shares of the business’s stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of GBX 130 ($1.70), for a total value of £14,392.30 ($18,786.45).
Serco Group plc Company Profile
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