Serco Group plc (LON:SRP) had its price target increased by Royal Bank Of Canada from GBX 100 ($1.22) to GBX 115 ($1.40) in a report published on Thursday. Royal Bank Of Canada currently has an underperform rating on the stock.
SRP has been the topic of a number of other research reports. Citigroup Inc. reaffirmed a neutral rating and issued a GBX 130 ($1.58) price objective on shares of Serco Group plc in a research note on Wednesday, August 31st. Jefferies Group reaffirmed a buy rating and issued a GBX 157 ($1.91) price objective on shares of Serco Group plc in a research note on Friday, August 5th. Deutsche Bank AG lifted their price objective on Serco Group plc from GBX 95 ($1.16) to GBX 125 ($1.52) and gave the stock a hold rating in a research note on Monday, August 1st. Shore Capital reaffirmed a hold rating on shares of Serco Group plc in a research note on Wednesday, September 28th. Finally, JPMorgan Chase & Co. lifted their price objective on Serco Group plc from GBX 130 ($1.58) to GBX 133 ($1.62) and gave the stock a neutral rating in a research note on Friday, July 1st. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. Serco Group plc has an average rating of Hold and a consensus target price of GBX 119.38 ($1.46).
Shares of Serco Group plc (LON:SRP) opened at 136.30 on Thursday. The stock’s market cap is GBX 1.48 billion. Serco Group plc has a 52 week low of GBX 75.93 and a 52 week high of GBX 139.20. The company has a 50-day moving average price of GBX 131.68 and a 200-day moving average price of GBX 114.57.
In other Serco Group plc news, insider Cockburn,Angus sold 11,071 shares of the company’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of GBX 130 ($1.58), for a total value of £14,392.30 ($17,540.89).