Serco Group plc (SRP) Earns Hold Rating from Shore Capital

Shore Capital restated their hold rating on shares of Serco Group plc (LON:SRP) in a research note issued to investors on Thursday.

Several other equities analysts have also recently weighed in on SRP. Peel Hunt reaffirmed a hold rating and set a GBX 120 ($1.48) price target on shares of Serco Group plc in a research note on Thursday, December 1st. Jefferies Group LLC reaffirmed a buy rating and set a GBX 168 ($2.07) price target on shares of Serco Group plc in a research note on Friday, February 24th. Liberum Capital reaffirmed a hold rating on shares of Serco Group plc in a research note on Thursday, March 16th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 130 ($1.61) price target on shares of Serco Group plc in a research note on Thursday, February 23rd. Finally, Deutsche Bank AG decreased their price target on shares of Serco Group plc from GBX 145 ($1.79) to GBX 135 ($1.67) and set a hold rating for the company in a research note on Thursday, March 16th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Serco Group plc presently has a consensus rating of Hold and a consensus price target of GBX 134.75 ($1.66).

Analyst Recommendations for Serco Group plc (LON:SRP)

Serco Group plc (LON:SRP) opened at 116.10 on Thursday. The company’s 50-day moving average is GBX 129.93 and its 200-day moving average is GBX 135.81. The company’s market cap is GBX 1.26 billion. Serco Group plc has a 12 month low of GBX 90.25 and a 12 month high of GBX 151.10.

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