Shares of Serco Group plc (LON:SRP) have earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 128.71 ($1.68).
Several equities research analysts have recently commented on the company. Peel Hunt reaffirmed a “hold” rating on shares of Serco Group in a report on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Serco Group in a report on Wednesday. Barclays reaffirmed an “overweight” rating and set a GBX 140 ($1.83) target price on shares of Serco Group in a report on Friday, February 8th. Liberum Capital reaffirmed a “hold” rating and set a GBX 105 ($1.37) target price on shares of Serco Group in a report on Thursday, February 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 123 ($1.61) target price on shares of Serco Group in a report on Thursday, February 21st.
In other Serco Group news, insider Roy A. Gardner acquired 50,000 shares of Serco Group stock in a transaction that occurred on Tuesday, February 26th. The stock was purchased at an average cost of GBX 129 ($1.69) per share, with a total value of £64,500 ($84,280.67). Also, insider David Eveleigh sold 18,629 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of GBX 125 ($1.63), for a total value of £23,286.25 ($30,427.61).
Serco Group Company Profile
Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. The company offers base and operational support engineering, and management and information, as well as nuclear, space, and maritime services for the defense sector; and custodial, immigration detention, and detainee transport and monitoring services for the justice and immigration sectors.
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