Serco Group PT Raised to $11.13 at Citigroup (SRP)
Serco Group (LON: SRP) had its price target raised by Citigroup from $10.16 (680 GBX) to $11.13 (745 GBX) in a research report released on Friday morning. Citigroup currently has a buy rating on the stock.
A number of other firms have also recently commented on SRP. Analysts at Westhouse Securities downgraded shares of Serco Group from an add rating to a neutral rating in a research note to investors on Thursday, March 7th. They now have a $9.41 price target on the stock. Separately, analysts at Liberum Capital raised their price target on shares of Serco Group from $9.02 to $10.22 in a research note to investors on Thursday, March 7th. They now have a buy rating on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of Serco Group in a research note to investors on Wednesday, March 6th. They now have a $9.02 price target on the stock.
Serco Group traded down 1.18% on Friday, hitting GBX 625.50. Serco Group has a 1-year low of GBX 507.50 and a 1-year high of GBX 650.00. The stock’s 50-day moving average is currently GBX 580.8. The company’s market cap is £3.067 billion.
Serco Group plc is a holding company. The Company operates in five segments: Civil Government; Local Government and Commercial; Defense, Science and Nuclear; Americas, and AMEAA.
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