Serco Group plc (SRP) Given “Outperform” Rating at BNP Paribas

BNP Paribas reissued their outperform rating on shares of Serco Group plc (LON:SRP) in a report released on Tuesday. The firm currently has a GBX 200 ($2.50) target price on the stock.

A number of other analysts also recently weighed in on the stock. Jefferies Group LLC increased their price target on shares of Serco Group plc from GBX 157 ($1.96) to GBX 168 ($2.10) and gave the company a buy rating in a report on Tuesday, December 6th. J P Morgan Chase & Co increased their price target on shares of Serco Group plc from GBX 133 ($1.66) to GBX 140 ($1.75) and gave the company a neutral rating in a report on Friday, December 2nd. Finally, Peel Hunt reissued a hold rating and issued a GBX 120 ($1.50) price target on shares of Serco Group plc in a report on Thursday, December 1st. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 127.83 ($1.60).

Serco Group plc (LON:SRP) opened at 148.30 on Tuesday. Serco Group plc has a 12-month low of GBX 77.20 and a 12-month high of GBX 151.10. The company has a 50-day moving average price of GBX 145.38 and a 200-day moving average price of GBX 136.11. The firm’s market capitalization is GBX 1.61 billion.

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About Serco Group plc

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