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

J P Morgan Chase & Co reaffirmed their neutral rating on shares of Serco Group plc (LON:SRP) in a report issued on Tuesday morning. They currently have a GBX 142 ($1.87) price objective on the stock.

Several other brokerages have also recently weighed in on SRP. Shore Capital reaffirmed a hold rating on shares of Serco Group plc in a research note on Thursday, August 31st. Liberum Capital reaffirmed a hold rating and set a GBX 120 ($1.58) target price on shares of Serco Group plc in a research note on Sunday, July 2nd. Jefferies Group LLC reaffirmed a buy rating and set a GBX 168 ($2.21) target price on shares of Serco Group plc in a research note on Friday, August 4th. Peel Hunt decreased their target price on Serco Group plc from GBX 139 ($1.83) to GBX 123 ($1.62) and set a hold rating for the company in a research note on Friday, June 30th. Finally, BNP Paribas reaffirmed an outperform rating and set a GBX 175 ($2.30) target price on shares of Serco Group plc in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 137.33 ($1.81).

Serco Group plc (SRP) opened at 119.20 on Tuesday. The stock’s 50 day moving average price is GBX 113.97 and its 200 day moving average price is GBX 114.62. Serco Group plc has a 1-year low of GBX 104.50 and a 1-year high of GBX 151.10. The firm’s market cap is GBX 1.30 billion.

TRADEMARK VIOLATION WARNING: “Serco Group plc’s (SRP) Neutral Rating Reaffirmed at J P Morgan Chase & Co” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another publication, it was illegally copied and republi

Several other brokerages have also recently weighed in on SRP. Shore Capital reaffirmed a hold rating on shares of Serco Group plc in a research note on Thursday, August 31st. Liberum Capital reaffirmed a hold rating and set a GBX 120 ($1.58) target price on shares of Serco Group plc in a research note on Sunday, July 2nd. Jefferies Group LLC reaffirmed a buy rating and set a GBX 168 ($2.21) target price on shares of Serco Group plc in a research note on Friday, August 4th. Peel Hunt decreased their target price on Serco Group plc from GBX 139 ($1.83) to GBX 123 ($1.62) and set a hold rating for the company in a research note on Friday, June 30th. Finally, BNP Paribas reaffirmed an outperform rating and set a GBX 175 ($2.30) target price on shares of Serco Group plc in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 137.33 ($1.81).

Serco Group plc (SRP) opened at 119.20 on Tuesday. The stock’s 50 day moving average price is GBX 113.97 and its 200 day moving average price is GBX 114.62. Serco Group plc has a 1-year low of GBX 104.50 and a 1-year high of GBX 151.10. The firm’s market cap is GBX 1.30 billion.

TRADEMARK VIOLATION WARNING: “Serco Group plc’s (SRP) Neutral Rating Reaffirmed at J P Morgan Chase & Co” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://ledgergazette.com/2017/10/11/serco-group-plcs-srp-neutral-rating-reaffirmed-at-j-p-morgan-chase-co.html.

In other Serco Group plc news, insider Ian El-Mokadem acquired 50,000 shares of Serco Group plc stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average cost of GBX 116 ($1.53) per share, with a total value of £58,000 ($76,255.59).

Serco Group plc Company Profile

Analyst Recommendations for Serco Group plc (LON:SRP)

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