Serco Group plc (LON:SRP) has been given an average recommendation of “Hold” by the twelve ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 134.36 ($1.81).
Several brokerages recently issued reports on SRP. Shore Capital reiterated a “hold” rating on shares of Serco Group in a research report on Tuesday, November 14th. Liberum Capital reiterated a “hold” rating and issued a GBX 120 ($1.62) target price on shares of Serco Group in a research report on Tuesday, October 31st. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 142 ($1.91) target price on shares of Serco Group in a research report on Wednesday, October 25th. Peel Hunt reiterated a “hold” rating and issued a GBX 123 ($1.66) target price on shares of Serco Group in a research report on Tuesday, November 14th. Finally, HSBC cut their target price on shares of Serco Group from GBX 130 ($1.75) to GBX 105 ($1.41) and set a “hold” rating for the company in a research report on Friday, November 17th.
Serco Group (SRP) traded down GBX 1.10 ($0.01) on Monday, hitting GBX 90.72 ($1.22). 2,822,600 shares of the stock were exchanged, compared to its average volume of 2,980,000. Serco Group has a 12-month low of GBX 90.40 ($1.22) and a 12-month high of GBX 151.10 ($2.03).
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About Serco Group
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