Analysts at Jefferies Have Reiterated their Past ‘”Buy”’ rating on Shares Serco Group (LON:SRP), Set a GBX 157 Target

Share

Serco Group (LON:SRP) Rating Reaffirmed

They currently have a GBX 157 target price per share on Serco Group (LON:SRP). The target price by Jefferies would suggest a potential upside of 68.91% from the company’s last price. This has been disclosed to clients in a note on Friday, 18 December.

From a total of 17 analysts covering Serco Group PLC (LON:SRP) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 118.84 with a 24.66% above today’s (GBX 91.85) 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 1.37 million shares of stock traded hands. Serco Group plc (LON:SRP) has declined 31.93% since May 21, 2015 and is downtrending. It has underperformed by 28.12% the S&P500.

Analysts at Jefferies Have Reiterated their Past ‘

Serco Group plc is a United Kingdom well-known provider of public services. The company has a market cap of 1000.00 million GBP.

COMMENTS: