Serco (SRP) Price Target Lowered to GBX 125 at BNP Paribas

Serco (LON:SRP) had its price target cut by BNP Paribas from GBX 175 ($2.46) to GBX 125 ($1.75) in a research note issued to investors on Thursday. They currently have an outperform rating on the stock.

Several other research firms have also recently weighed in on SRP. Citigroup reaffirmed a sell rating and set a GBX 87 ($1.22) price objective on shares of Serco in a research report on Wednesday, January 10th. JPMorgan Chase reaffirmed a neutral rating and set a GBX 142 ($1.99) price objective on shares of Serco in a research report on Thursday, December 14th. Liberum Capital reaffirmed a sell rating and set a GBX 100 ($1.40) price objective on shares of Serco in a research report on Monday, January 15th. Peel Hunt cut their price objective on shares of Serco from GBX 123 ($1.73) to GBX 96 ($1.35) and set a hold rating for the company in a research report on Friday, December 15th. Finally, Numis Securities reaffirmed a hold rating and set a GBX 110 ($1.54) price objective on shares of Serco in a research report on Thursday, December 14th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 111.10 ($1.56).

How to Become a New Pot Stock Millionaire

Shares of Serco stock opened at GBX 93.95 ($1.32) on Thursday. Serco has a 52-week low of GBX 82.25 ($1.15) and a 52-week high of GBX 123.60 ($1.73).

In other Serco news, insider Roy A. Gardner bought 25,000 shares of the stock in a transaction on Friday, February 23rd. The stock was purchased at an average price of GBX 93 ($1.31) per share, with a total value of £23,250 ($32,636.16). Also, insider Kirsty Bashforth bought 10,000 shares of the stock in a transaction on Monday, March 5th. The shares were acquired at an average cost of GBX 89 ($1.25) per share, with a total value of £8,900 ($12,492.98).

WARNING: This report was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://www.tickerreport.com/banking-finance/3342373/serco-srp-price-target-lowered-to-gbx-125-at-bnp-paribas.html.

Serco Company Profile

Serco Group Plc provides public services in the Asia Pacific, the Middle East, Europe, the United Kingdom, and North America. It provides defense, health, justice and immigration, transport, and citizen services. The company also offers non-clinical support services to hospitals; environmental and leisure services, as well as a range of front, middle, and back-office services to local authorities; and IT services to European institutions.

Analyst Recommendations for Serco (LON:SRP)

Receive News & Ratings for Serco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serco and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Weekly Research Analysts’ Ratings Changes for Motorcar Parts of America
Weekly Research Analysts’ Ratings Changes for Motorcar Parts of America
Kenneth Irwin Shine Sells 202 Shares of UnitedHealth Group  Stock
Kenneth Irwin Shine Sells 202 Shares of UnitedHealth Group Stock
Ampco-Pittsburgh Corp  Major Shareholder Louis Berkman Investment Co Sells 7,103 Shares
Ampco-Pittsburgh Corp Major Shareholder Louis Berkman Investment Co Sells 7,103 Shares
Charles F. Kessler Sells 11,050 Shares of American Eagle Outfitters  Stock
Charles F. Kessler Sells 11,050 Shares of American Eagle Outfitters Stock
PennyMac Financial Services Inc  Insider Sells $309,408.00 in Stock
PennyMac Financial Services Inc Insider Sells $309,408.00 in Stock
Vaxart  Sees Strong Trading Volume
Vaxart Sees Strong Trading Volume


Leave a Reply

© 2006-2018 Ticker Report. Google+.