Serco Group plc’s (SRP) Neutral Rating Reiterated at J P Morgan Chase & Co

J P Morgan Chase & Co restated their neutral rating on shares of Serco Group plc (LON:SRP) in a research report report published on Wednesday. J P Morgan Chase & Co currently has a GBX 142 ($1.87) price target on the stock.

Several other equities research analysts have also commented on SRP. Shore Capital reaffirmed a hold rating on shares of Serco Group plc in a report on Thursday, August 3rd. Liberum Capital reaffirmed a hold rating and issued a GBX 120 ($1.58) price target on shares of Serco Group plc in a report on Thursday, August 3rd. Jefferies Group LLC reaffirmed a buy rating and issued a GBX 168 ($2.22) price target on shares of Serco Group plc in a report on Friday, August 4th. Peel Hunt lowered their price target on shares of Serco Group plc from GBX 139 ($1.83) to GBX 123 ($1.62) and set a hold rating on the stock in a report on Friday, June 30th. Finally, BNP Paribas reaffirmed an outperform rating and issued a GBX 175 ($2.31) price target on shares of Serco Group plc in a report on Wednesday, July 12th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 139.36 ($1.84).

Serco Group plc (LON SRP) opened at 115.50 on Wednesday. The company’s market capitalization is GBX 1.26 billion. The company has a 50-day moving average price of GBX 115.63 and a 200-day moving average price of GBX 114.92. Serco Group plc has a one year low of GBX 104.50 and a one year high of GBX 151.10.

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In related news, insider Ian El-Mokadem purchased 50,000 shares of Serco Group plc stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average price of GBX 116 ($1.53) per share, for a total transaction of £58,000 ($76,537.34).

Serco Group plc Company Profile

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