Royal Bank of Canada Reiterates “Sector Performer” Rating for Serco Group (SRP)
Serco Group (LON:SRP)‘s stock had its “sector performer” rating reiterated by analysts at Royal Bank of Canada in a research note issued to investors on Thursday.
Other equities analysts have also recently issued reports about the stock. UBS Group reaffirmed a “buy” rating on shares of Serco Group in a research note on Wednesday. Shore Capital upgraded shares of Serco Group to a “buy” rating in a report on Wednesday. Citigroup upgraded shares of Serco Group to a “buy” rating and lifted their price objective for the company from GBX 95 ($1.24) to GBX 130 ($1.70) in a report on Wednesday. Numis Securities reiterated a “hold” rating and set a GBX 105 ($1.37) price objective on shares of Serco Group in a report on Friday, December 14th. Finally, Liberum Capital upgraded shares of Serco Group to a “hold” rating and lifted their price objective for the company from GBX 80 ($1.05) to GBX 105 ($1.37) in a report on Thursday, December 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 112.18 ($1.47).
SRP stock opened at GBX 114.50 ($1.50) on Thursday. Serco Group has a 12 month low of GBX 82.25 ($1.07) and a 12 month high of GBX 123.60 ($1.62).
Serco Group 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 public sector customers; and IT services.
Featured Article: Certificate of Deposit (CD)
Receive News & Ratings for Serco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serco Group and related companies with MarketBeat.com's FREE daily email newsletter.