SRP has been the subject of a number of other research reports. Deutsche Bank AG boosted their price target on Serco Group plc from GBX 125 ($1.63) to GBX 130 ($1.70) and gave the stock a hold rating in a research report on Tuesday, September 13th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 133 ($1.74) price objective on shares of Serco Group plc in a research note on Friday, September 23rd. BNP Paribas reiterated an outperform rating and issued a GBX 150 ($1.96) price objective on shares of Serco Group plc in a research note on Monday, June 27th. Numis Securities Ltd reiterated a reduce rating and issued a GBX 85 ($1.11) price objective on shares of Serco Group plc in a research note on Wednesday, July 6th. Finally, Citigroup Inc. reiterated a neutral rating and issued a GBX 130 ($1.70) price objective on shares of Serco Group plc in a research note on Wednesday, August 31st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 117.85 ($1.54).
Shares of Serco Group plc (LON:SRP) opened at 135.40 on Wednesday. The company’s market cap is GBX 1.47 billion. Serco Group plc has a one year low of GBX 75.93 and a one year high of GBX 138.00. The company has a 50 day moving average price of GBX 130.99 and a 200 day moving average price of GBX 112.27.
In other news, insider Cockburn,Angus sold 11,071 shares of the company’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).
About Serco Group plc
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