Serco Group plc (LON:SRP)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a research report issued on Wednesday. They presently have a GBX 120 ($1.56) target price on the stock. Liberum Capital’s target price suggests a potential upside of 8.21% from the stock’s previous close.

A number of other equities analysts also recently commented on SRP. Credit Suisse Group raised their price objective on shares of Serco Group plc from GBX 110 ($1.43) to GBX 120 ($1.56) and gave the stock a “neutral” rating in a report on Wednesday, May 10th. Shore Capital reaffirmed a “hold” rating on shares of Serco Group plc in a report on Tuesday, July 4th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 144 ($1.88) price objective on shares of Serco Group plc in a report on Monday, July 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 168 ($2.19) price objective on shares of Serco Group plc in a report on Friday, August 4th. Finally, Peel Hunt reduced their price objective on shares of Serco Group plc from GBX 139 ($1.81) to GBX 123 ($1.60) and set a “hold” rating for the company in a report on Friday, June 30th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Serco Group plc currently has an average rating of “Hold” and a consensus price target of GBX 136.77 ($1.78).

Shares of Serco Group plc (LON SRP) opened at 110.90 on Wednesday. The stock has a 50 day moving average of GBX 113.62 and a 200-day moving average of GBX 120.45. Serco Group plc has a 52 week low of GBX 108.90 and a 52 week high of GBX 151.10. The firm’s market cap is GBX 1.21 billion.

TRADEMARK VIOLATION WARNING: This report was first posted by Daily Political and is the property of of Daily Political. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://www.dailypolitical.com/2017/08/08/serco-group-plc-srp-receives-hold-rating-from-liberum-capital.html.

In related news, insider Rupert Soames sold 36,308 shares of Serco Group plc stock in a transaction dated Friday, June 30th. The shares were sold at an average price of GBX 116 ($1.51), for a total transaction of £42,117.28 ($54,847.35). Also, insider Ian El-Mokadem purchased 50,000 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average cost of GBX 116 ($1.51) per share, with a total value of £58,000 ($75,530.67).

About Serco Group plc

Analyst Recommendations for Serco Group plc (LON:SRP)

Receive News & Ratings for Serco Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serco Group plc and related companies with MarketBeat.com's FREE daily email newsletter.