Today Liberum Capital Reiterates a Buy Rating on Serco Group PLC (LON:SRP) and a GBX 135.00 Target Price

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Serco Group PLC (LON:SRP) Rating Reaffirmed

Liberum Capital now has a GBX 135.00 target PPS on shares of Serco Group PLC (LON:SRP). The target PPS could mean a potential upside of 43.65% from the last close price of Serco Group PLC (LON:SRP). This rating was revealed to clients and investors in an analyst research report on Wednesday morning.

From a total of 16 analysts covering Serco Group PLC (LON:SRP) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 13 a ”Hold”. This means that 11% of the ratings are positive. The highest target price is GBX 234.85 while the lowest target price is GBX 77. The mean of all analyst targets is GBX 123.15 with a 21.87% above today’s (GBX 93.95) stock price. Serco Group PLC was the topic of 37 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 16 with “Buy” rating. Peel Hunt maintained shares with “Hold” rating and GBX 108 target share price in a report from a December 7. JP Morgan maintained SRP stock in a recent report from December 8 with “Neutral” rating. Jefferies maintained the rating on December 1. Jefferies has a “Buy” rating and a GBX 157 price target on shares. Finally, Morgan Stanley maintained the stock with “Equalwt/In-Line” rating in a report issued on a December 7.

Approximately 1.03M shares of stock traded hands. Serco Group plc (LON:SRP) has declined 31.12% since May 19, 2015 and is downtrending. It has underperformed by 28.49% the S&P500.

Today Liberum Capital Reiterates a Buy Rating on Serco Group PLC (LON:SRP) and a GBX 135.00 Target Price

Serco Group plc is a United Kingdom well-known provider of public services. The company has a market cap of 1.05 billion GBP.

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