Serco Group PLC (LON:SRP) Rating Reaffirmed
Deutsche Bank now has a GBX 95.00 price target on shares of Serco Group PLC (LON:SRP). The price target may suggest a potential downside of -10.99% from the last close price of Serco Group PLC (LON:SRP). This rating was shown in a note on Tuesday 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 125.65 with a 10.30% above today’s (GBX 106.73) stock price. Serco Group PLC was the topic of 35 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 8 with “Hold” rating. Jefferies maintained shares with “Buy” rating and GBX 157 target share price in a report from a December 1. Shore Capital maintained SRP stock in a recent report from December 7 with “Hold” rating. RBC Capital Markets maintained the rating on November 9. RBC Capital Markets has a “Sector Perform” rating and a GBX 95 price target on shares. Finally, Peel Hunt maintained the stock with “Hold” rating in a report issued on a December 7.
The stock decreased 2.35% or GBX 2.57 on December 7, striking GBX 106.73. Approximately shares of stock traded hands. Serco Group plc (LON:SRP) has declined 19.81% since May 11, 2015 and is downtrending. It has underperformed by 19.22% the S&P500.
Serco Group plc is a United Kingdom well-known provider of public services. The company has a market cap of 1.26 billion GBP.